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Problem 2-5 (LO2.2) ased on the following financial data, calculate the ratios requested. (Round your answers to 4 decimal places.) Liabilities Liquid assets Monthly credit
Problem 2-5 (LO2.2) ased on the following financial data, calculate the ratios requested. (Round your answers to 4 decimal places.) Liabilities Liquid assets Monthly credit payments S 760 Take-home pay S 2425 $11,400 Net worth $ 9,400 Current liabilities S 1,600 $ 70,500 Monthly savings $ 200 Gross income 3,575 a. Debt ratio b. Current ratio c. Debt-payments ratio d. Savings ratio
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