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Family's Asset & Liabilities ...

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Question

Finance

Family's Asset & Liabilities
Checking account $4400
Savings account $12500
Credit Card account $6100
Utility Bill $550
Home $329000
Mortgage (30 years) $238000
Car $20000
Car loan (60 months) $18200
Student loan (7 years) $29000
Household items $14500
Retirement account $68000
Other assets $40500

What is the current ratio?

3.77

1.22

2.31

2.54

Answer & Explanation Solved by verified expert
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