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Joseph lives in an apartment and pays $1,200 in rent and $150 in utilities. He has $12,000 in his savings account, a car valued at
Joseph lives in an apartment and pays $1,200 in rent and $150 in utilities. He has $12,000 in his savings account, a car valued at $7,500, and $3,216 in credit card debt. He has $15,000 in student loans, yet to be paid.
Using the given information, calculate Joseph's net worth, current ratio, and debt ratio.
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