Using the Butterfield case, calculate and interpret the following financial ratios. All needed information is provided, except for the total credit available, which is $10,000 on the Visa credit card and $11,500 on the MasterCard. Answer the following questions based on your findings.

a. How would you rate the Butterfields overall level of liquidity?

b. How would you rate the Butterfields overall level of solvency?

c. Does their periodic savings rate meet the minimum suggested threshold?

d. Are they spending too much on housing?

Be sure to frame your answers as if you are speaking to or presenting them to the client