Given the Following Information,calculate the Liquidity Ratio: Liabilities = $-24,500

question 71

Multiple Choice

Given the following information,calculate the liquidity ratio: Liabilities = $-24,500
Liquid assets = $-4,900
Monthly credit payments = $-800
Monthly savings = $-760
Net worth = $-72,500
Current liabilities = $-1,600
Take-home pay = $-2,300
Gross income = $-3,500
Monthly expenses = $-2,040

• A) -33.79
• B) 3.06.
• C) 2.40
• D) -34.78
• E) -21.71

---

Definitions:

Net Operating Income

The profit generated from a company's core business operations, excluding expenses and revenues not directly related to its main activities.

Nearest Whole Number

A rounding of a number to the closest integer, without any decimal part.

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they are trying to accomplish and measure progress against these objectives.

Performance Measures

Metrics or indicators used to assess the efficiency, effectiveness, and success of an organization's activities.