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Instructions: Answer the questions below and submit the completed assignment on SLATE under Assignments > Individual Assignment - Part A in Week 4, before class
Instructions: Answer the questions below and submit the completed assignment on SLATE under "Assignments > Individual Assignment - Part A" in Week 4, before class begins. To avoid any formatting issues, please submit file as a PDF. Scenario: Lisa is trying to get her personal finances in order. She does not know how to organize the following information. Lisa has come to you for help. a) Organize the above financial information into a properly formatted (i) Personal Cash Flow Statement and (ii) Personal Balance Sheet. (10 Marks) b) Calculate the values and comment on each of them: (i) savings rate, (ii) liquidity ratio, (iii) debt-to-asset ratio. (6 Marks) c) Make at least 4 recommendations to help Lisa improve her money management? (4 Marks) Total: 20 Marks
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