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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

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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 Amount Cash $3.200 Marketable securities 1.000 Checking account 800 Credit card payables 1.200 Short-term notes payable 300 a. Calculate Josh's liquidity ratio b. Several of Janti's tiends have told him that they have liquidity ratios of about 18. How would you analyze Jahre liquidity relative to his friends? Jonty's liquidity ratio is 238. Round to two decimal places.) b Several of Jonhs tiends have told him that they have liquidity ration of about 1.8. How would you arwyde Jonty's liquidity relative to his friends? (Select all the awwers that apply) A.Jolis ratio indicates that he is in a relatively better position to satinty his future short-term dobt obligations as they come due B. Since Josh's liquidity ratio exceeds 18, Josh has less liquidity than his friends C. Joolis ratio indicates that he is in a relatively interior position to satisfy his existing short-term debt obligations as they come duo D. Sinon Joah's liquidity ratio exceedu 1.8, Josh has more liquidity than his friends. 2 D

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