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Based on this financial data, calculate the Savings Ratio. Liabilities $ 8670 Net Worth $ 67200 Liquid Assets $ 5310 Current Liabilities $ 1760 Monthly

Based on this financial data,calculate the Savings Ratio.

Liabilities

$ 8670

Net Worth

$ 67200

Liquid Assets

$ 5310

Current Liabilities

$ 1760

Monthly Credit Payments

$ 640

Take-home Pay

$ 3110

Monthly Savings

$ 280

Gross Income

$ 5230

Make sure to include zeros and round your answer to 2 decimal places. i.e. 3.55, 1.89, 1.02, 0.09, etc.

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