Question
The monthly expenses =4,200 Find the- A.total liabilities- B.Net Worth- C.Total Liquid Assets- D.Debt Ratio- E.Liquidity Ratio- F.Total Assets- Assets: Current (or Monetary) Assets: Cash/Checking
The monthly expenses =4,200
Find the-
A.total liabilities-
B.Net Worth-
C.Total Liquid Assets-
D.Debt Ratio-
E.Liquidity Ratio-
F.Total Assets-
Assets:
Current (or Monetary) Assets:
Cash/Checking $1000
Savings/CDs $5000
Other Assets $0
Liabilities: Current Liabilities:
Current Unpaid Balances $200
Visa/Mastercard $500
Investments:
Stocks/Bonds $0
Mutual funds $2500
Other Investments $0
Long Term Liabilities:
Mortgage Loan $0
Auto Loans $500
College Loans $3000
Other Debts $0
Retirement Plans:
401K, 403B,
457 Plans $1200
IRAs $500
Housing:
Primary Residence $0
Automobiles $3500
Personal Property:
Misc. Assets $750
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