The current financial position of an individual or family is best presented in the form of a: Multiple Choice Budget Cashowtement Balance sheet Bank statement Time of money report Which of the following is a cash inflow? Multiple Choice Payment for rent Purchase of groceries Payment for loan Income from employment neployment Payment for medical expenses When creating a personal balance sheet, which of the following is a real estate asset? Multiple Choice Cosh value of life insurance Vacation property Possessions in your home Investments for financing children's educations Retirement accounts Which of the following ratlos indicates the number of months in which living expenses can be paid if an emergency arises? Multiple Choice Debt ratio Current ratio Liquidity ratio Debt-payments ratio Savings ratio