Your client has produced the financial statements below. Use them to calculate their Liquidity Ratio. Balance Sheet Liquid assets $5,500 Tangible assets $29,000 Investment assets $18,000 Short-term liabilities $3,200 Long-term liabilities $31,700 Income Statement Gross income $96,500 Taxes paid $0 Debt repayment $11,600 Rent payment $17,400 All other expenses $13,000. Total expenses $42,000 2.36 0.91 1.90 1.57