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You are given the following information. What is your liquidity ratio? Annual disposable income: $45,000 Total liabilities: $17,400 Annual savings: $2,400 Long-term assets: $85,000 Current
You are given the following information. What is your liquidity ratio?
Annual disposable income: $45,000
Total liabilities: $17,400
Annual savings: $2,400
Long-term assets: $85,000
Current ratio: 2
Debt-to-asset ratio: 0.2
Select one:
a. 0.90
b. 0.56
c. 0.89
d. 0.53
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