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14. PLEASE SHOW EXCEL WORK THANKS! Based on the following financial data, calculate the ratios requested. (Round...

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Finance

14. PLEASE SHOW EXCEL WORK THANKS!

Based on the following financial data, calculate the ratiosrequested. (Round your answers to 4 decimalplaces.)


  Liabilities$7,800    Net worth$58,000
  Liquid assets$4,600    Current liabilities$1,300
  Monthly credit payments$640    Take-home pay$2,575
  Monthly savings$130    Gross income$2,850


a.  Debt ratio  
b.  Current ratio  
c.  Debt-payments ratio  
d.  Savings ratio  

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14. PLEASE SHOW EXCEL WORK THANKS!Based on the following financial data, calculate the ratiosrequested. (Round your answers to 4 decimalplaces.)  Liabilities$7,800    Net worth$58,000  Liquid assets$4,600    Current liabilities$1,300  Monthly credit payments$640    Take-home pay$2,575  Monthly savings$130    Gross income$2,850a.  Debt ratio  b.  Current ratio  c.  Debt-payments ratio  d.  Savings ratio  

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