Liquidity ratio Josh Smith has compiled some of his personal financial data in order to determine his liquidity position. The data are as follows: Account Cash Marketable securities Checking account Credit card payables Short-term notes payable Amount $3,170 1,020 770 1,150 1060 a. Calculate Josh's liquidity ratio b. Several of Josh's friends have told him that they have liquidity ratios of about 16. How would you analyze Josh's liquidity relative to his friends ? a. Josh's liquidity ratio is 244. (Round to two decimal places) Question Viewer b. Several of Josh's friends have told him that they have liquidity ratios of about 16. How would you analyze Josh's liquidity relative to his friends? (Select all the answers that apply) A. Josh's ratio indicates that he is in a relatively better position to satisfy his future short-term debt obligations as they come due B. Since Josh's liquidity ratio exceeds 1.6 Josh has less liquidity than his friends C. Since Josh's liquidity ratio exceeds 1.6. Josh has more liquidity than his friends. D. Josh's ratio indicates that he is in a relatively inferior position to satisfy his existing short-term debt obligations as they come due. Click to select your answer(s). Type here to search of 100%