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perosn finance. questions 2 & 7 please 2. Calculating Balance Sheet Amounts. Based on the following data, compute the total assets, total liabilities, and net
perosn finance. questions 2 & 7 please
2. Calculating Balance Sheet Amounts. Based on the following data, compute the total assets, total liabilities, and net worth. Liquid assets, S4,670 Household assets, 593,780 Investment assets, $26.910 Long-term liabilities, $76,230 Current liabilities, $2,670 LO3-3 7. Determining Budget Variances. Fran Bowen created the following budget: Food, $350 Clothing, $100 Transportation, $320 Personal expenses and recreation, $275 Housing, S950 She actually spent $298 for food, $337 for transportation, $982 for housing, $134 for clothing, and $231 for personal expenses and recreation. Calculate the variance for each of these categories, and indicate whether it was a deficitor a surplus Step by Step Solution
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