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a . What financial statements should Rudabeh and Donovan prepare to begin realizing their home purchase goal? What records should they use to compile these
a What financial statements should Rudabeh and Donovan prepare to begin realizing their home purchase goal? What records should they use to compile these statements?
b Calculate their net worth and income surplus.
c Calculate and interpret their month's living expenses covered ratio and their debt ratio.
d What other information would be necessary or helpful to develop more complete statements?
e What six to eightstep process should Rudabeh and Donovan undertake to develop a budget?
f Why might adopting Principle : Waste Not, Want NotSmart Spending Matters be important to Rudabeh and Donovan, given their goal of home ownership?
g What recommendations do you have for Rudabeh and Donovan regarding financial communication?
What records should they use to compile these statements? Select all that apply.
A Longterm debt payments
B Any outstanding I.OUS
C Variable living expenses
Shortterm debt payments
k statement
Fixed living expenses
G Paycheck stub
b Rudabeh and Donovan's net worth is Round to the nearest dollar.
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