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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. (Omit the $ sign in
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. (Omit the "$" sign in your response.)
Rent for the month | $ | 1,600 | Auto insurance | $ | 300 |
Monthly take-home salary | 3,480 | Household possessions | 3,710 | ||
Cash in chequing account | 1,200 | Stereo equipment | 2,640 | ||
Savings account balance | 2,870 | Payment for electricity | 152 | ||
Spending for food | 500 | Lunches/parking at work | 261 | ||
Balance of educational loan | 2,250 | Donations | 75 | ||
Current value of automobile | 8,530 | Home computer | 1,920 | ||
Telephone bill paid for month | 162 | Value of stock investment | 1,670 | ||
Credit card balance | 244 | Clothing purchase | 186 | ||
Loan payment | 109 | Restaurant spending | 135 | ||
Total assets | $ |
Total liabilities | $ |
Net worth | $ |
Total cash inflows | $ |
Total cash outflows | $ |
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