Using the data from the cash-flow statement developed by Harry and Belinda, calculate the following financial ratios. Round your answers to two decimal places.

Liquidity ratio fill in the blank 2 % Asset-to-debt ratio fill in the blank 3 % Debt-to-income ratio fill in the blank 4 Incorrect Incorrect % Debt payments-to-disposable income ratio Hint: For disposable income, take into consideration health life insurance, as well as federal, state, and social security taxes. fill in the blank 5 % Investment assets-to-total assets ratio fill in the blank 6 %

Cash-Flow Statement for Harry and Belinda Johnson July 1-December 31, 2023 (First Six Months of Marriage) Balance Sheet for Harry and Belinda Johnson January 1, 2024 Percent Dollars Cash Flow Income 37.5% $24,000 Harry's gross income 57.5% 36,840 Belinda's gross income 0.3% 180 Interest 47% 3,000 Harry's trust fund (Annual) 100% $64,020 Total Income Expenditures Fixed Expenses 15.0% $9,600 Rent 2.8% 1,800 Health insurance 0.2% 120 Life insurance 0.3% 220 Renter's insurance 0.9% 600 Automobile insurance 4.6% 2,940 Auto loan payments 2.8% 1,800 Student loan payments 1.5% 960 Cable TV and Internet 1.5% 960 Savings/emergencies 1.8% 1.170 Harry's retirement plan 3.7% 2,400 Belinda's retirement plan 15.9% 10,200 Federal income taxes 47% 3,000 State income taxes 7.2% 4,640 Social Security taxes 0.5% 300 Automobile registration 63.6% $40,710 Total Fixed Expenses Variable Expenses 4.7% $3,000 Savings money market fund 5.9% 3,800 Food (home) 2.9% 1,860 Food (out) 2.1% 1,320 Utilities 1.0% 660 Cell phones 1.8% 1,150 Auto gas/maintenance/repairs 1.8% 1,140 Doctor's and dentist's bills (non-credit) 0.5% 350 Medicines 1.9% 1,200 Clothing and upkeep 0.9% 550 Church and charity 1.7% 1,070 Gifts 1.5% 940 Public transportation 3.7% 2,400 Personal allowances 1.5% 960 Entertainment 1.2% 780 Family holiday trip 1.9% 1,200 Summer vacation 0.9% 560 Miscellaneous 35.8% $22,940 Total Variable Expenses 99.4% $63,650 Total Expenses 0.6% $370 Surplus (Deficit) Assets Monetary Assets 3.9% $1,130 Cash on hand 4.2% 1,200 Savings (First Credit Union) 13.9% 4,000 Savings (Far West Savings Bank) 7.8% 2,260 Savings (Homestead Credit Union) 7.3% 2,100 Checking (First Credit Union) 37.0% $10,690 Total Monetary Assets Tangible Assets 37.8% $10,900 Automobile (3-year old Toyota) 8.3% 2,400 Personal property 5.2% 1,500 Furniture 51.3% $14,800 Total Tangible Assets Investment Assets 4.1% $1,170 Harry's retirement account 7.6% 2,200 Belinda's retirement account 11.7% $3,370 Total Investment Assets 100.0% $28,860 Total Assets Liabilities Short-Term Liabilities 1.4% $390 Visa credit card 0.2% 45 Target credit card 1.5% 430 Dental bill 3.0% $865 Total Short-Term Liabilities Long-Term Liabilities 47.5% $13,700 Vehicle loan (First Credit Union) 28.8% 8,300 Student loan (Belinda) 76.2% $22,000 Total Long-Term Liabilities 79.2% $22,865 Total Liabilities 20.8% $5,995 Net Worth 100.0% $28,860 Total Liabilities and Net Worth Open spreadsheet Victor and Maria are a bit confused about how various financial activities can affect their net worth. a. Assume that their home is now appraised at $204,000 and the value of their automobile has dropped to $8,000. Calculate and characterize the effects of these changes on their net worth. Round your answer to the nearest dollar. Net worth would [increase] by $ | 5,500|@ because the value of the real estate rose (more than _____/ the value of the car declined. Calculate the effects of these changes on their asset-to-debt ratio. Round your answers to three decimal places. Old asset-to-debt ratio: 3.854 New asset-to-debt ratio: 3.905 @ b. If Victor and Maria take out a bank loan for $1,700 and pay off their credit card debts totaling $1,700, AtiVity Frame | these changes have on their net worth? Taking out a bank loan to pay off the credit card liability would [not affect #]Othe Hernandezes' net worth. c. If Victor and Maria sell their New York 2038 bond and put the cash into the savings account, what effects would this have on their net worth and liquidity ratio? Assume their annual expenses are $87,560. Round your answers to three decimal places. Selling the New York bond would the Hernandezes' net worth. The liquidity ratio would |Y from .0035@ to .049@