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Calculate your net worth and your debt ratio, current ratio, liquidity ratio, debt payment ratio, and inflows and outflows, do you have a shortage or
Calculate your net worth and your debt ratio, current ratio, liquidity ratio, debt payment ratio, and inflows and outflows, do you have a shortage or surplus.
Current Value of your home $330,000 Monthly gas $300.00
Balance of car loan $27,000 Monthly utilities $500.00
Balance of student loans $29,000 Monthly groceries $1100.00
Value of car $40,000 Monthly meals out $400.00
Balance of Mortgage $200,000 Monthly cable/internet $150.00
Household contents $19,000 Monthly cell phone $275.00
Stock portfolio 194,000 Monthly Miscellaneous $75.00
Balance of personal loan 20,000 Monthly Insurance & taxes payment $480.00
Balance of credit card $2,000 Monthly car payment $600.00
Balance of medical bills $1,000 Monthly car insurance $240.00
Liquid Assets $8,500 Monthly credit card payment $100.00
Monthly student loan payment $450.00 Monthly personal loan payment $350.00
Monthly income $8,500
Monthly Mortgage payment $1,000
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
