Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. based on this financial data, calculate the saving

Based on this financial data, calculate the Savings Ratio. Liabilities $ 7610...

80.2K

Verified Solution

Question

Finance

Based on this financial data, calculate the Savings Ratio.

Liabilities $ 7610 Net Worth $ 73900
Liquid Assets $ 4930 Current Liabilities $ 1700
Monthly Credit Payments $ 580 Take-home Pay $ 3050
Monthly Savings $ 380 Gross Income $ 4790

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Assume that on January 1, 2017, Kimberly-Clark Corp. signs a10-year noncancelable lease agreement to...

Biology
1.2K views

why inoculating an EMB plate and an MSA plate potentially useful?

Physics
1.2K views

A hollow ball with a diameter of 3 79 cm has an average density of...

Basic Math
1.2K views

Revenues Req 4 Expenses Req 5A Prepare the income statement for the month of April...

Calculus
1.2K views

4 Let A be a 3 x 3 matrix with 3 columns a A2 A3...

Accounting
1.2K views

ompany has two departments, assembly and finishing. Consider the following data for the...

Accounting
1.2K views

Explain the definitions and differences of Competencies and Competitive Advantage

Accounting
1.2K views

Those are the lists for the questions. Listed below are several statements that relate...

Accounting
1.2K views

claimed as a dependent the tier parents. $7+200 51,250 S4.15D 56,5,5]

Accounting
1.2K views

Loss is not recognized in which of the non-monetary exchanges? a. The fair value of...

Finance
1.2K views

In the context of recent research on the Weighted Average Cost of Capital (WACC), the...

Finance
1.2K views

I need help with this finance question ASAP, please zoom if too small and please...