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Liquidity ratio Josh Smith has compiled some of his personal fnancial data in order to...

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Liquidity ratio Josh Smith has compiled some of his personal fnancial data in order to determine his liquidity position. The data are as follows: Account Amount Cash Marketable securities Checking account Credit card payables Short-term notes payable $3,250 930 850 1270 1180 a. Calculate Josh's liquidity ratio b Several of Josh's friends have told him that they have liquidity ratios of about 1.4 How would you analyze Josh's lquidity relative to his triends? a. Josh's liquidity ratio is(Round to two decimal places) b Several of Josh's friends have told him that they have liquidity ratios of about 1.4 How would you analyze Josh's liquidity relative to his triends? (Select all the answers that apply) D A Since Josh's liquidity ratio exceeds 1.4, Josh has less liquidity than his friends 3 B. Since Josh's liquidity ratio exceeds 1.4, Josh has more liquidity than his friends D C. Josh's ratio indicates that he is in a relatively inferior position to satisty his existing short-term debt obligations as they come due D D. Josh's ratio indicates that he is in a relatively beter position to satisty his future short-serm debt obligations as they come due

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