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Question 14 (1 point) Which of the following appears as a cash outflow on a cash flow statement? O A) Net worth OB) Home value
Question 14 (1 point) Which of the following appears as a cash outflow on a cash flow statement? O A) Net worth OB) Home value O C ) Cash value of life insurance OD) Balance of mortgage O E) Loan payment Question 8 (1 point) Saved Paula Patel wants to deposit a lump sum of money today for a vacation that she plans to take to Asia after she graduates. Which Time Value of Money table should she use to determine the amount of money she will have available for his vacation? O A) Present value of a single amount O B ) Future value of an annuity O C) Present value of an annuity O D ) Simple interest O E) Future value of a single amount Question 9 (1 point) Given the following information, calculate the savings ratio percentage. (Round your answer to 2 decimal places.) Liabilities = $44,500 Liquid assets = $8900 Monthly credit payments = $1800 Monthly savings = $360 Net worth = $102,500 Current liabilities = $3600 Take-home pay = $4300 Gross income = $9500 Monthly expenses = $6040 O A) 3.79% OB) 2.47% O C) 37.9% OD) 1.47% OE) 24.7%
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