Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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You are given the following information. What is your liquidity ratio?
- Annual disposable income: $45,000
- Total liabilities: $17,400
- Annual savings: $2,400
- Long-term assets: $85,000
- Current ratio: 2
- Debt-to-asset ratio: 0.2
Select one:
a.
0.90
b.
0.56
c.
0.89
d.
0.53
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