Use the following personal financial statements data (all figures are in dollars) for a single 32-year-old to calculate and assess the four personal financial ratios below. Calculate the ratios and assess each ratio as good average, or bad (include the unit, such as %). Ratios: liquidity ratio, debt-payment to disposable income ratio, investment asset-to-total assets ratio, solvency ratio (8 points) Personal Net Worth Statement Liquid Assets Real Property Personal Property Financial Assets TOTAL ASSETS 18,000 Current Liabilities 357,000 Long-Term Debt 15,000 Total Liabilities 130,000 Net Worth 520,000 TOTAL Liabilities & Net Worth 3,000 309,000 312,000 208,000 520,000 Monthly Cash Flow Statement Net Income Total Expenses Note: the total expenses include $1,120 for non-mortgage debt repayment (consumer debt) 7,000 6,000 Use the following personal financial statements data (all figures are in dollars) for a single 32-year-old to calculate and assess the four personal financial ratios below. Calculate the ratios and assess each ratio as good average, or bad (include the unit, such as %). Ratios: liquidity ratio, debt-payment to disposable income ratio, investment asset-to-total assets ratio, solvency ratio (8 points) Personal Net Worth Statement Liquid Assets Real Property Personal Property Financial Assets TOTAL ASSETS 18,000 Current Liabilities 357,000 Long-Term Debt 15,000 Total Liabilities 130,000 Net Worth 520,000 TOTAL Liabilities & Net Worth 3,000 309,000 312,000 208,000 520,000 Monthly Cash Flow Statement Net Income Total Expenses Note: the total expenses include $1,120 for non-mortgage debt repayment (consumer debt) 7,000 6,000