Based on this financial data, calculate the ratios requested: (Round your answers to 4 decimal places.)
Liabilities | $ | 9,400 | Net worth | $ | 65,500 |
Liquid assets | $ | 7,800 | Current liabilities | $ | 1,700 |
Monthly credit payments | $ | 800 | Take-home pay | $ | 2,775 |
Monthly savings | $ | 290 | Gross income | $ | 3,250 |
|
a. | Debt ratio | 0.1435 |
b. | Current ratio | 4.5882 |
c. | Debt-payments ratio | 0.2883 |
d. | Savings ratio | 0.0892 |
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