John is a 25-year-old healthcare specialist living in Toronto. He recently graduated from the University of Toronto and now works, as an independent professional, at A&W private health care facility. Like many students, John accumulated a large student debt during his years at university and plans to pay it off within the next five years. Perform a ratio analysis of Alberts financial statements (debt ratio, debt-to-asset ratio, current ratio, Liquidity ratio, debt-payments ratio, saving ratio). What does your analysis reveal?

John's Personal Balance Sheet As of Today: Assets Liquid Assets Bank account Personal Possessions Investment Assets BCE shares Total Assets $ 1,540 $10,280 $ 3.025 $14,845 $ 7,855 Liabilities Current Liabilities Credit card balances Long-Term Liabilities Student loan Total Liabilities Net Worth 20.580 $28,435 ($13,590) John's Cash Flow Statement for the Year Just Ended: $58,205 (23.890) $34,315 130 $34,445 Income Professional billings Less: Professional expenses and taxes Professional income net of expenses and taxes Dividends (after taxes) Total Income Fixed Expenses Rent Student loan payments Total Fixed Expenses Vanable Expenses Utilities, personal, food clothing and dental Moving expenses Credit card interest Recreation entertainment Vacations Total Variable Expenses Total Expenses Surplus/(Deficit) 9,600 5.800 $15,400 $12,785 225 1,010 1,890 6.200 $22,110 $37,510 ($ 3,065)