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Given the following information, calculate the current ratio: (Round your answer to 2 decimal places.) Liquid assets = $5,300 Monthly credit payments = $900 Monthly
Given the following information, calculate the current ratio: (Round your answer to 2 decimal places.)
Liquid assets = $5,300
Monthly credit payments = $900
Monthly savings = $820
Net worth = $75,500
Current liabilities = $1,800
Take-home pay = $2,500
Gross income = $4,100
Monthly expenses = $2,440
Multiple Choice
A) 35.10
B) 2.94
C) 20.00
D) 2.17
E) 36.00
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