Personal Finance Problem P3-14 Liquidity ratio Joyce Cheung has compiled some of her personal financial data to determine her liquidity position. The data are as follows. Account Cash Marketable securities Checking account Credit card payables Short-term nores payable Amount $5,300 1,800 2,500 2.300 1,090 a. Calculate Joyce's liquidity ratio. b. Several of Joyce's friends have told her that they have liquidity ratios of about 1.9. How would you analyze Joyce's liquidity relative to her friends