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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Rent for the month $
| Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. |
| Rent for the month | $ | 750 | Monthly take-home salary | $ | 2,285 |
| Spending for food | $ | 395 | Cash in checking account | $ | 470 |
| Savings account balance | $ | 1,910 | Balance of educational loan | $ | 2,280 |
| Current value of automobile | $ | 9,000 | Telephone bill paid for month | $ | 75 |
| Credit card balance | $ | 245 | Loan payment | $ | 100 |
| Auto insurance | $ | 250 | Household possessions | $ | 3,600 |
| Video equipment | $ | 2,400 | Payment for electricity | $ | 100 |
| Lunches/parking at work | $ | 190 | Donations | $ | 180 |
| Personal computer | $ | 1,300 | Value of stock investment | $ | 910 |
| Clothing purchase | $ | 120 | Restaurant spending | $ | 140 |
| a. | Total assets | $ |
| b. | Total liabilities | $ |
| c. | Net worth | $ |
| d. | Total cash inflows | $ |
| e. | Total cash outflows | $ |
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
