ECON BEHAVIOURAL & PERSONAL FINANCE Flashcards
1
Q
What is the liquidity ratio formula?
A
(Liquid assets / Current debt) x 100
2
Q
Debt service ratio
A
(Monthly debt commitments / Monthly gross income) x 100
3
Q
Savings ratio
A
(Savings / Total income) x 100
4
Q
Solvency ratio
A
(Net worth / Total assets) x 100
5
Q
A