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Brock Newman has prepared his annual financial statements in order to analyze the data. The data provided are items from Brock's balance sheet and
Brock Newman has prepared his annual financial statements in order to analyze the data. The data provided are items from Brock's balance sheet and income and expense statement. Use the data provided to calculate Brock's financial statement ratios. Enter your answers as percentages rounded to two decimal places. For example, .15006 would be entered as "15.01%." Brock's Financial Data Total liquid assets $428 Total assets $8,550 Total current debts $2,138 Total net worth $2,993 Total cash surplus $170.6667 Income after taxes Total monthly loan payments Monthly gross (before-tax) income $1,399 $307 $1,706.6667 Brock's solvency ratio: % Brock's liquidity ratio: % Brock's savings ratio: % Brock's debt service ratio: %
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