Please use the tables to calculate Hernandezs basic liquidity ratio AND their asset to debt ratio.

74 PART 1 Financial Planning Jable 3-2Balance Sheet for a Couple with Two Children-Victor and Maria Hernandez, January 1, 2015 ASSETS Monetary Assets Cash on hand Savings account Victor's checking account Maria's checking account Tax refund due Rent receivable Total Monetary Assets 260 1,500 2,700 3,300 700 660 $ 9,120 0.07% 0.40% 0.72% 0.89% 0.1 9% 0.18% 2.45% Tangible Assets 47.23% 176,000 9,000 11,500 $196,500 Home Personal property 3.09% 52.73% Total Tangible Assets Investment Assets Fidelity mutual funds Scudder mutual fund Ford Motor Company stock New York 2018 bonds Life insurance cash value IRA accounts Real estate investment Total Investment Assets Total Assets 4,500 5,000 2,800 1,000 5,400 34,300 114,000 $167,000 $372,620 1.34% 0.75% 0.27% 9.21% 30.59% 100.00% LIABILITIES Short-Term Liabilities Dentist bill due Credit card debt Total Short-Term Liabilities 120 1,545 0 03% 0.41% 0.45% Long-Term Liabilities Sales finance company auto Savings bank: real estate Total Long-Term Liabilities Total Liabilities Net Worth Total Liabilities and Net Worth 7.700 92,000 2.07% 24.69% 27.20% 72 80% 100 00% $271,255