3.Darlene Wilson has the following financial amounts: checking account balance $1,100, savings account $4,150, credit card balance $1,790, jewelry $1,900, current market value of home $109,000, a mortgage on the home of $81,750. What is the total value of Darlene's assets?

a 100,060

b 116,040

c 116,150

d 151,532

e 117,940

4.Given the following information, calculate the liquidity ratio: (Round your answer to 2 decimal places.)

Liabilities = $29,500

Liquid assets = $5,900

Monthly credit payments = $1,050

Monthly savings = $910

Net worth = $80,000

Current liabilities = $2,100

Take-home pay = $2,800

Gross income = $5,000

Monthly expenses = $3,040

a 1.94

b 2.81

c 18.20

d 37.50

e 36.88