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Based on this financial data, calculate the Savings Ratio. Liabilities $ 7810 Net Worth $ 68400 Liquid Assets $ 4870 Current Liabilities $ 1720 Monthly
Based on this financial data,calculate the Savings Ratio.
Liabilities | $ 7810 | Net Worth | $ 68400 |
Liquid Assets | $ 4870 | Current Liabilities | $ 1720 |
Monthly Credit Payments | $ 560 | Take-home Pay | $ 2890 |
Monthly Savings | $ 420 | Gross Income | $ 3530 |
Make sure to include zeros and round your answer to 2 decimal places. i.e. 3.55, 1.89, 1.02, 0.09, etc.
Do not include acomma or"$" sign in your response.
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