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Balance Sheet Liquid assets $4,500 Tangible assets $41,500 Investment assets $19,100 Short-term liabilities $3,700 Long-term liabilities $30,600 Income Statement Gross income $102,200 Taxes paid $12,300

Balance Sheet
Liquid assets $4,500
Tangible assets $41,500
Investment assets $19,100
Short-term liabilities $3,700
Long-term liabilities $30,600
Income Statement
Gross income $102,200
Taxes paid $12,300
Debt repayment $14,300
Rent payment $11,200
All other expenses $16,400
Total expenses $54,200
Calculate their asset to debt ratio.

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