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Business, 23.03.2020 20:00 Bgreene2377

Given the following information, calculate the savings ratio:

Liabilities = $25,000
Liquid assets = $5,000
Monthly credit payments = $800
Monthly savings = $760
Net worth = $75,000
Current liabilities = $2,000
Take-home pay = $2,300
Gross income = $3,500
Monthly expenses = $2,050

a) 33.79%
b) 3.06%
c) 2.40%
d) 34.78%
e) 21.71%

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Given the following information, calculate the savings ratio:

Liabilities = $25,000
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