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Lucien is a 36-year-old data analyst living in Toronto. Use the following information from the Lucien's financial statements to answer the questions below. $220 $4,300

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Lucien is a 36-year-old data analyst living in Toronto. Use the following information from the Lucien's financial statements to answer the questions below. $220 $4,300 $2,400 $300 Monthly rent payments Monthly take-home salary Cash Savings account balance Monthly spending for food Balance of student loan Current value of automobile Annual health insurance premium Balance of automobile loan Monthly student loan payments $1,800Monthly auto insurance premium $5,800 Household possessions $500 Jewelry $2,500 Monthly utilities $1,300 Monthly auto loan payments $5,500 Annual donations $4,000 Chequing account balance $720 Value of investment in RRSP $4,500 Monthly clothing purchase $250 Monthly entertainment expense $350 $3,600 $4,000 $12,000 $100 $120 Clearly state your final answers to each question. 1. Determine Lucien's net worth (6 points) 2. (1) Calculate debt ratio and (2) evaluate and explain whether the calculated ratio is appropriate. (7 points) Round your answer to at least two decimal points (.e., 9.73% or 0973) 1. Determine Lucien's net worth. (6 points) 2. (1) Calculate debt ratio and (2) evaluate and explain whether the calculated ratio is appropriate. (7 points) Round your answer to at least two decimal points (ie, 9.73% or.0973) 3. (1) Calculate liquidity ratio and (2) evaluate and explain whether the calculated ratio is appropriate. (7 points) Round your answer to at least two decimal points (i.e., 9.73% or.0973)

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