Copy of HW 1 for Personal Finance

Copy of HW 1 for Personal Finance - $4,500.00 Clothing...

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Assets Income Monetary Assets After tax Income $2,400.00 Saving Acct $2,300.00 TOTAL $2,400.00 Checking Acct $825.00 Expenditures Personal Assets medical $22.00 Coin Collection $3,250.00 food $225.00 Furnishing $5,500.00 insurance $150.00 Other $8,000.00 transportation Investment Car Payment $265.00 Stocks $5,500.00 Housing Mutual Funds $2,100.00 utility $275.00 Housing Mortgage $530.00 Condominium $65,000.00 Other Auto Master card $245.00 Auto $9,000.00 visa $355.00 Retirement Plans Other Expenses $150.00 401K Retirement plan
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Unformatted text preview: $4,500.00 Clothing $45.00 TOTAL $105,975 TOTAL $2,262.00 TOTAL AVAILABLE FOR SAVINGS AND INVESTMENT $138.00 Liabilities Credit Card Debt CURRENT RATIO $2,822.32 Visa $355.00 SAVINGS RATIO $0.06 Master Card $245.00 MONTHLY LIVING EXPENSES RATI $2,300.03 Current Liabilities DEBT RATIO $0.52 Monthly Utilities $275.00 LONG TERM DEBT COVERAGE RAT $0.04 Long Term Debt Auto loan outstanding $4,225.00 Mortgage $50,000.00 TOTAL $55,100.00 Net Worth $50,875.00...
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This note was uploaded on 10/06/2011 for the course BUSN 2300 taught by Professor Davidoff during the Fall '11 term at CUNY Brooklyn.

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