At the end of the month, after all current bills and short term obligations for the period have been paid, Bill notices that he has the following balances in his ledgers:

Monthly Wages	3,000
Current Market Value of Car	16,000
Car Loan Balance	6,800
Monthly Rent	1,000
Monthly car payment	250
Credit Card Balance	4,800
Cash	$300
Monthly Interest Expense	100
Illiquid Investment Assets	2,000
Checking Account	1,300
Monthly Clothing Expense	100
Savings Account	2,500
Monthly Investment Income	250
Money Market Account	3,000
Monthly Grocery Bill	300
Certificate of Deposit	5,000
Monthly gasoline expense	200

1. How rich is bill?

2. What is Bill's liquidity ratio? (two decimal points) A CD is too illiquid to be included in this calculation.

3. How liquid is Bill? (Think about this one carefully -- not meant to be a trick question, but could be very nuanced.)

Way too illiquid! It will be expensive if he has any unanticipated expenses.

Not too bad, but not quite liquid enough. Should stay liquid with new savings before seeking higher returns.

Liquid enough. Should definitely start seeking higher returns with new savings, especially if Bill's income is erratic or seasonable.

Far too liquid! Should reallocate 75% - 80% of his liquid assets to earn higher returns.

4. How solvent is Bill?

There is no way to determine his solvency from the information given.

Insolvent

Barely solvent, any unforseen expense or reduction in the value of any of his assets would make him insolvent.

Quite solvent, but you can never be too solvent.

5. What was Bill's net gain last month?