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

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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 $ 2,850

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


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