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5. Given the following information, calculate the debt ratio percentage: Liabilities = $24,500 Liquid assets = $4,900 Monthly credit payments = $800 Monthly savings =

5.

Given the following information, calculate the debt ratio percentage:

Liabilities = $24,500

Liquid assets = $4,900

Monthly credit payments = $800

Monthly savings = $760

Net worth = $72,500

Current liabilities = $1,600

Take-home pay = $2,300

Gross income = $3,500

Monthly expenses = $-2,040

Show work pls!!

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