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Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash
Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash Flow Items Rent for the month Cash in checking account $ 1,610 Monthly take-home salary $ 4,340 1,400 Savings account balance 2,700 Spending for food Current value of automobile 1,270 Balance of educational loan 2,300 7,950 Telephone bill paid for month 83 Credit card balance 264 Loan payment 162 Auto insurance Lunches/parking at work Computers Clothing purchase 327 Household possessions 3,750 Home entertainment system 3,180 Payment for electricity 149 212 Donations 166 1,780 Value of stock investment 1,400 137 Restaurant spending 224 Balance Sheet and Cash Flows Total assets Total liabilities Net worth Total cash inflows Total cash outflows
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