Answer the following questions based on Johnson family's current status and personal financial statements shown below:

1.) What is the Current Ratio for the Johnson family?

Question 1 options

		.27
		1.4
		.78
		0.29
		.15

2.) What is the Debt Coverage ratio for the Johnson family?

Question 2 options:

	1.39
	2.31
	1.26
	2.78

What is the Liquidity ratio for the Johnson family? 3 options:

3.) What is the Liquidity ratio for the Johnson family?

	1.29
	1.49
	1.69
	1.82

4.) Are the Johnson's in a positive position on their home?

Question 4 options:

	Yes
	No

Ratio Analysis Question 1 (1 point) Answer the following questions based on Johnson family's current status and personal financial statements shown below: Explanation Current Assets should only include assets that you can access quickly (cash, checking, savings, savings bonds). Does not include CD's if lon Liquid assets for an individual are cash only (cash, checking and savings. Do Not include CD savings). Monthly expenses DO include the de It shows how much a person owned compared to how much owed. It shows how much a person owned compared to the net worth. Credit payment mainly on your monthly credit card payment. Take home pay = Salary - Deduction Amount saved relative to your total gross income each month A measure of how efficient you are at growing your net worth relative to your income What is the Current Ratio for the Johnson family? .27 1.4 .78 0.29 .15 2uestion 2 (1 point) Saved What is the Debt Coverage ratio for the Johnson family? 1.39 2.31 1.26 2.78 Ruestion 3 (1 point) What is the Liquidity ratio for the Johnson family? 1.29 1.49 1.69 1.82 2uestion 4 (1 point) Are the Johnson's in a positive position on their home? Yes No