these are much clearer

Solvency ratio. Inter your answer as a percentage rounded to two decimal places b. liquidity ratio. Enter your answer as a percentage rounded to two decimal place. 1.500 Utilities Question 3 Preparing personal income and expense statement Use Worksheet 2.2 Robyn and Matthew Scott are about to construct their income and expense statement for the year ending December 31, 2020. Robyn works full time while Matthew is finishing up graduate school. They have put together the following income and expense Information for 2020: Robyn's salary $53,000 Reimbursement for travel expenses Interest on Savings account 110 Certificates of deposit 20 Groceries 4,150 Rent 9,500 960 Gas and auto expenses 650 Matthew's tuition, books, and supplies 3.300 Books, magarines, and periodicals 280 Clothing and other miscellaneous expenses 2.500 Cost of photographic equipment purchased with charge 2,200 Card Amount paid this year on photographic equipment 1,600 Robyn's travel expenses 1.950 Purchase of a used car (cost) 9,750 Outstanding loan balance on car 7,300 Purchase of bonds in Verizon Communications Inc. 4,900 Using the information provided, prepare an income and expense statement for the Scotts for the year ending December 31, 2020 follow the form shown in Worksheet 2.2). Enter all expense amounts as positive values INCOME AND EXPENSE STATEMENT Name (5) Robyn and Matthews 6 3 5 6 7 8 9 0 w R T Y 0 C C MEDE ABOUT HUDULLU Normal Title No Spacing Heading Heading 2 es, and improvements, choose Check for Updates INCOME AND EXPENSE STATEMENT Name(s) Robyn and Matthew Scott For the year Ended December 1, 2020 INCOME Wages and salaries Name: Robyn Name: Name Sell employment income Bonuses and commissions Investment income interest received Dividends received Rents received Sale of securities -- Gain or Loss Other: Reimbursement of Robyn's travel expenses $ Person and annuities Other Income (I) Total income EXPENSES Housing $ Rent/mortgage payment (include insurance and taxes applicable) Repairs, maintenance, provements Gas, electric, water Phone Cable TV and other Groceries Food DD % & 7 5 6 8 9 0 F D and improvements, choose Check for Updates renes Transportation Medical Clothing Insurance Dining out Auto loan payments License plates, fees, etc. Gas, oil, repairs, tires, maintenance Health, major medical, disability insurance Kpayroll deductions or not provided by employer) Doctor, dentist, hospital, medicines I Clothes, Shoes, and accessories Homeowner's (if not covered by mortgage payment) Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment Matthew's tuition, books, and supplies Photographic equipment amount paid Robyn's travel expenses Taxes Appliances, furniture, and other major purchases Personal care Recreation and Entertainment Other items $ (II) Total Expenses CASH SURPLUS (OR DEFICIT) (1)-(1) 982 oa DIE & 5 6. 7 % Question # 3 Preparing personal income and expense statement Use Worksheet 2.2 Robyn and Matthew Scott are about to construct their income and expense statement for the year ending December 31, 2020. Robyn works full time while Matthew is finishing up graduate school. They have put together the following income and expense information for 2020: Robyn's salary Reimbursement for travel expenses $53,000 Interest on: 1,500 Savings account 110 Certificates of deposit 70 Groceries 4,150 Rent 9,5 Utilities 960 Gas and auto expenses 650 Matthew's tuition, books, and supplies 3,300 Books, magazines, and periodicals 280 Clothing and other miscellaneous expenses 2,500 Cost of photographic equipment purchased with charge 2,200 card Amount paid this year on photographic equipment 1,600 Robyn's travel expenses 1,950 Purchase of a used car (cost) 9,750 Outstanding loan balance on car 7,300 Purchase of bonds in Verizon Communications Inc. 4,900 Using the information provided, prepare an income and expense statement for the Scotts for the year ending December 31, 2020 (follow the form shown in Worksheet 2.2). Enter all expense amounts as positive values. INCOME AND EXPENSE STATEMENT Name(s) Robyn and Matthew Scott Ended December 31, 2020 For the year INCOME Name: Robyn Wages and salaries Pane 3 of 5 Focus IX 1266 words Check for U fice Update To keep up-to-date with security updates, fixes, and improvements, choose... INCOME Wages and salaries Name: Robyn Name: Name: Self-employment income Bonuses and commissions Investment income Interest received Dividends received Rents received Sale of securities -- Gain or Loss I Other: Reimbursement of Robyn's travel expenses Pensions and annuities Other income (1) Total Income EXPENSES Housing 129 Rent/mortgage payment (include insurance land taxes. If applicable) C Focus Page 3 of 5 1266 words Screen SI 2020-0...284 updates, lixes, and improvements, choose... Check for Updates Other income (1) Total Income EXPENSES Housing Rent/mortgage payment (include insurance and taxes, if applicable) Repairs, maintenance, improvements Gas, electric, water Utilities Phone Cable TV and other Groceries Food Transportation Dining out Auto loan payments License plates, fees, etc. Gas, oil, repairs, tires, maintenance Health, major medical, disability insurance (payroll deductions or not provided by employer) Doctor, dentist, hospital, medicines Clothes, Shoes, and accessories Medical Clothing Insurance Taxes Homeowner's (if not covered by mortgage payment) Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment Appliances, furniture, and pther major purchases Personal care Recreation and entertainment $ $ Other items Matthew's tuition, books, and supplies Photographic equipment amount paid Focus 1266 words Page 4 of 5 Taxes Appliances, furniture, and bther major purchases Personal care Recreation and entertainment Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment $ Other items Matthew's tuition, books, and supplies $ Photographic equipment amount paid $ Robyn's travel expenses $ (II) Total Expenses CASH SURPLUS (OR DEFICIT) [(1)-(II)] Solvency ratio. Inter your answer as a percentage rounded to two decimal places b. liquidity ratio. Enter your answer as a percentage rounded to two decimal place. 1.500 Utilities Question 3 Preparing personal income and expense statement Use Worksheet 2.2 Robyn and Matthew Scott are about to construct their income and expense statement for the year ending December 31, 2020. Robyn works full time while Matthew is finishing up graduate school. They have put together the following income and expense Information for 2020: Robyn's salary $53,000 Reimbursement for travel expenses Interest on Savings account 110 Certificates of deposit 20 Groceries 4,150 Rent 9,500 960 Gas and auto expenses 650 Matthew's tuition, books, and supplies 3.300 Books, magarines, and periodicals 280 Clothing and other miscellaneous expenses 2.500 Cost of photographic equipment purchased with charge 2,200 Card Amount paid this year on photographic equipment 1,600 Robyn's travel expenses 1.950 Purchase of a used car (cost) 9,750 Outstanding loan balance on car 7,300 Purchase of bonds in Verizon Communications Inc. 4,900 Using the information provided, prepare an income and expense statement for the Scotts for the year ending December 31, 2020 follow the form shown in Worksheet 2.2). Enter all expense amounts as positive values INCOME AND EXPENSE STATEMENT Name (5) Robyn and Matthews 6 3 5 6 7 8 9 0 w R T Y 0 C C MEDE ABOUT HUDULLU Normal Title No Spacing Heading Heading 2 es, and improvements, choose Check for Updates INCOME AND EXPENSE STATEMENT Name(s) Robyn and Matthew Scott For the year Ended December 1, 2020 INCOME Wages and salaries Name: Robyn Name: Name Sell employment income Bonuses and commissions Investment income interest received Dividends received Rents received Sale of securities -- Gain or Loss Other: Reimbursement of Robyn's travel expenses $ Person and annuities Other Income (I) Total income EXPENSES Housing $ Rent/mortgage payment (include insurance and taxes applicable) Repairs, maintenance, provements Gas, electric, water Phone Cable TV and other Groceries Food DD % & 7 5 6 8 9 0 F D and improvements, choose Check for Updates renes Transportation Medical Clothing Insurance Dining out Auto loan payments License plates, fees, etc. Gas, oil, repairs, tires, maintenance Health, major medical, disability insurance Kpayroll deductions or not provided by employer) Doctor, dentist, hospital, medicines I Clothes, Shoes, and accessories Homeowner's (if not covered by mortgage payment) Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment Matthew's tuition, books, and supplies Photographic equipment amount paid Robyn's travel expenses Taxes Appliances, furniture, and other major purchases Personal care Recreation and Entertainment Other items $ (II) Total Expenses CASH SURPLUS (OR DEFICIT) (1)-(1) 982 oa DIE & 5 6. 7 % Question # 3 Preparing personal income and expense statement Use Worksheet 2.2 Robyn and Matthew Scott are about to construct their income and expense statement for the year ending December 31, 2020. Robyn works full time while Matthew is finishing up graduate school. They have put together the following income and expense information for 2020: Robyn's salary Reimbursement for travel expenses $53,000 Interest on: 1,500 Savings account 110 Certificates of deposit 70 Groceries 4,150 Rent 9,5 Utilities 960 Gas and auto expenses 650 Matthew's tuition, books, and supplies 3,300 Books, magazines, and periodicals 280 Clothing and other miscellaneous expenses 2,500 Cost of photographic equipment purchased with charge 2,200 card Amount paid this year on photographic equipment 1,600 Robyn's travel expenses 1,950 Purchase of a used car (cost) 9,750 Outstanding loan balance on car 7,300 Purchase of bonds in Verizon Communications Inc. 4,900 Using the information provided, prepare an income and expense statement for the Scotts for the year ending December 31, 2020 (follow the form shown in Worksheet 2.2). Enter all expense amounts as positive values. INCOME AND EXPENSE STATEMENT Name(s) Robyn and Matthew Scott Ended December 31, 2020 For the year INCOME Name: Robyn Wages and salaries Pane 3 of 5 Focus IX 1266 words Check for U fice Update To keep up-to-date with security updates, fixes, and improvements, choose... INCOME Wages and salaries Name: Robyn Name: Name: Self-employment income Bonuses and commissions Investment income Interest received Dividends received Rents received Sale of securities -- Gain or Loss I Other: Reimbursement of Robyn's travel expenses Pensions and annuities Other income (1) Total Income EXPENSES Housing 129 Rent/mortgage payment (include insurance land taxes. If applicable) C Focus Page 3 of 5 1266 words Screen SI 2020-0...284 updates, lixes, and improvements, choose... Check for Updates Other income (1) Total Income EXPENSES Housing Rent/mortgage payment (include insurance and taxes, if applicable) Repairs, maintenance, improvements Gas, electric, water Utilities Phone Cable TV and other Groceries Food Transportation Dining out Auto loan payments License plates, fees, etc. Gas, oil, repairs, tires, maintenance Health, major medical, disability insurance (payroll deductions or not provided by employer) Doctor, dentist, hospital, medicines Clothes, Shoes, and accessories Medical Clothing Insurance Taxes Homeowner's (if not covered by mortgage payment) Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment Appliances, furniture, and pther major purchases Personal care Recreation and entertainment $ $ Other items Matthew's tuition, books, and supplies Photographic equipment amount paid Focus 1266 words Page 4 of 5 Taxes Appliances, furniture, and bther major purchases Personal care Recreation and entertainment Life (not provided by employer) Auto Income and social security Property (if not included in mortgage) Loan payments Purchases and repairs Laundry, cosmetics, hair care Vacations Other recreation and entertainment $ Other items Matthew's tuition, books, and supplies $ Photographic equipment amount paid $ Robyn's travel expenses $ (II) Total Expenses CASH SURPLUS (OR DEFICIT) [(1)-(II)]