Answer:
Liquidity Ratio = 3.33
Asset to Debt ratio = 1.94
Debt to Income ratio = 95.57%
Debt Payments to disposable income = 36.76%
Investment assets to total assets = 23.51%
Explanation:
Liquidity Ratio = [ Liquid Assets ] ÷ [ Short Term Debt ]
= $14,000 ÷ $4,200
= 3.33
Asset to Debt ratio = [ Total Assets ] ÷ [ Total debt ]
= $319,000 ÷ $164,200
= 1.94
Debt to Income ratio = [ Total Debt ] ÷ [ (Gross Income + Disposable income -expenses) ]
= $164,000 ÷ [ ($13,000 + $6800 - $5500) × 12 ]
= 0.9557 or 0.9557 × 100% = 95.57%
Debt Payments to disposable income
= [ Long term debt payment + short term debt payment ] ÷ [ Disposable income ]
= [ $2,200 + $300 ] ÷ $6,800
= 0.3676 = 36.76%
Investment assets to total assets
= $75,000 ÷ $319,000
= 0.2351 = 23.51%
