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Given the following information, calculate the debt-payments ratio: (Round your answer to 2 decimal places.) Liabilities =$43,500 Liquid assets =$8,700 Monthly credit payments =$1,750 Monthly
Given the following information, calculate the debt-payments ratio: (Round your answer to 2 decimal places.) Liabilities =$43,500 Liquid assets =$8,700 Monthly credit payments =$1,750 Monthly savings =$1,330 Net worth =$101,000 Current liabilities =$3,500 Take-home pay =$4,200 Gross income =$9,200 Monthly expenses =$5,840 Multiple Choice 43.07% 2.49% 1.49% 41.67%
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