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As their daughter Lisa starts high school, Homer and Marge decide that it's time to take stock of their family finances to see how they
As their daughter Lisa starts high school, Homer and Marge decide that it's time to take stock of their family finances to see how they will be able to pay for Lisa's education. They have constructed the following personal balance sheet and cash flow statements. Describe how Marge and Homer most likely determined the values of their car and home. How will Marge and Homer's net cash flow and net worth change after they adjust their statements to reflect Homer's extra entertainment expenditures? eTextbook and Media What suggestions do you have for improving their personal finances? As their daughter Lisa starts high school, Homer and Marge decide that it's time to take stock of their family finances to see how they will be able to pay for Lisa's education. They have constructed the following personal balance sheet and cash flow statements. Describe how Marge and Homer most likely determined the values of their car and home. How will Marge and Homer's net cash flow and net worth change after they adjust their statements to reflect Homer's extra entertainment expenditures? eTextbook and Media What suggestions do you have for improving their personal finances
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