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

Understand the implications of a corporation's citizenship and legal status.

Recognize the legal requirements and consequences regarding corporate bylaws, property, and liability.

Learn about special corporate forms and provisions under U.S. law, such as Subchapter S corporations and benefit corporations.

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