Question
Question 6 (0.25 points) Based on this financial data, calculate the Debt-Payments Ratio. Liabilities $ 8950 Net Worth $ 62900 Liquid Assets $ 4550 Current
Question 6(0.25 points)
Based on this financial data,calculate the Debt-Payments Ratio.
| Liabilities | $ 8950 | Net Worth | $ 62900 |
| Liquid Assets | $ 4550 | Current Liabilities | $ 1920 |
| Monthly Credit Payments | $ 660 | Take-home Pay | $ 2910 |
| Monthly Savings | $ 580 | Gross Income | $ 3310 |
Make sure to include zeros and round your answer to 2 decimal places. i.e. 3.55, 1.89, 1.02, 0.09, etc.
Do not include acomma or"$" sign in your response.
Your Answer:Question 6 options:| Answer |
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
