Question: Please help with this problem. Liquidity ratio Josh Smith has compiled some of his personal financial data in order to determine his liquidity position. The
Please help with this problem.
Liquidity ratio Josh Smith has compiled some of his personal financial data in order to determine his liquidity position. The data are as follows.
| Account | Amount | ||
| Cash | $3,200 | ||
| Marketable securities | 1,000 | ||
| Checking account | 800 | ||
| Credit card payables | 1,200 | ||
| Short-term notes payable | 900 | ||
| a. Calculate Josh | |||
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