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A household has the following statistics related to Balance Sheet and annual Cash Flow: Balance Sheet Items: in Dollars Cash $2,500 CD $12,000 Savings Account
A household has the following statistics related to Balance Sheet and annual Cash Flow: | |
Balance Sheet Items: | in Dollars |
Cash | $2,500 |
CD | $12,000 |
Savings Account Balance | $3,500 |
Credit Card Debt | $9,500 |
Current Year Portion of mortgage | $7,800 |
Cash Flow Items: | |
Salary | $115,000 |
Dividend Income | $1,500 |
Discretionary Expenses | $8,000 |
Nondiscretionary Expenses | $28,975 |
Debt Repayment | $8,700 |
Retirement Investments | $15,500 |
Capital Expenditure | - |
Compute the total Operating percentage |
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