Question: Calculate the current ratio based on the following information (keep two decimal places). My current annual take-home pay is $112000. There are $12000 in my

Calculate the current ratio based on the following information (keep two decimal places). My current annual take-home pay is $112000. There are $12000 in my checking account. I am also holding a life insurance policy that has a cash value of $10000. I have a pension plan sponsored by my employer with a current value of $17000. I purchased my own home three years ago for $345000 with a mortgage loan. Now, the balance of the mortgage is $268000 and the market value of my house is $350000. I also have $20000 just invested in a mutual fund. I bought a car two years ago for $20000 with an automobile loan. I still need to pay $17000 to finish the automobile loan and I can sell the car for $25000. My credit card now has a balance of $4000. I also have a college loan of $43000 to pay off. Your

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