1. Complete a balance sheet, income and expense statement, net worth, and cash flow statement using the Bowden example on pages 109-112 and slides 17-19 of Burke Case.

1. Enhance the analysis of our clients' financial statements and calculate and evaluate common financial ratios. Using the information that is mainly on the balance sheet and income and expense statements, produce the following items (using the Bowden example on pages 113-129 and slides 29-33 of Burke Case):

• Life Cycle and Pie Chart Analysis (income statement and balance sheet) using pp. 26-33 and slides 3-4 & 25-28 of Burke Case for guidance.
• Liquidity Ratios (emergency fund and current)
• Debt Ratios (housing ratios 1 and 2, debt to total assets ratio, net worth to total assets ratio)
• Ratios for Financial Security Goals (savings rate, investment assets to gross pay)