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 noles payable Amount $3,200 1,000 800 1,200 900 a. Calculate Josh's liquidity ratio b. Several of Josh's friends have told him that they have liquidity ralios of about 18 How would you analyze Josh's liquidity relative to his friends? 2. Josh's liquidity ratio is (Round to two decimal places.)