If your liquid assets equal $15,000 and your current debts equal $50,000, your liquidity ratio is:
A) 30%.
B) 70%.
C) 143%.
D) 233%.
E) 333%.

Name: If your liquid assets equal $15,000 and your current debts equal $50,000, your liquidity ratio is: A) 30%. B) 70%. C) 143%. D) 233%. E) 333%.
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Question

Quizplus · Accepted Answer

The liquidity ratio is calculated by dividing liquid assets by current debts. In this case, $15,000 / $50,000 = 0.3 or 30%.

If Your Liquid Assets Equal $15,000 and Your Current Debts