Question
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and tota Rent for the month Spending for
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and tota Rent for the month Spending for food $1,650 $845 Savings account balance $ 2,090 Monthly take-home salary Cash in checking account Balance of educational loan Telephone bill paid for month Loan payment $ 9,300 Current value of automobile. Credit card balance. $335 $430 $ 2,850 $280 $2,200 $ 210 Auto insurance Video equipment Lunches/parking at work Personal computer Clothing purchase a. Total assets b. Total liabilities c. Net worth d. Total cash inflows e. Total cash outflows $ S 3,185 4,545 Household possessions Payment for electricity Donations Value of stock investment Restaurant spending $ 3,185 $ 650 $ 3,360 $ 165 $ 280 $5,400 $ 190 $: 360 $ 1,360 $ 230
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
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