HW 1 for Personal Finance

HW 1 for Personal Finance - Income After tax Income...

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Assets Monetary Assets Saving Acct $2,300.00 Checking Acct $825.00 Personal Assets Coin Collection $3,250.00 Furnishing $5,500.00 Other $8,000.00 Investment Stocks $5,500.00 Mutual Funds $2,100.00 Housing Condominium $65,000.00 Auto Auto $9,000.00 Retirement Plans 401K Retirement plan $4,500.00 TOTAL $105,975 Liabilities Credit Card Debt Visa $355.00 Master Card $245.00 Current Liabilities Monthly Utilities $275.00 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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Unformatted text preview: Income After tax Income $2,400.00 TOTAL $2,400.00 Expenditures medical $22.00 food $225.00 insurance $150.00 transportation Car Payment $265.00 Housing utility $275.00 Mortgage $530.00 Other Master card $245.00 visa $355.00 Other Expense $150.00 Clothing $45.00 TOTAL $2,262.00 TOTAL AVAILABLE FOR SAVINGS AND INVESTMENT 138 CURRENT RATIO $2,822.32 SAVINGS RATIO $0.06 MONTHLY LIVING EXPENSES RATIO $2,300.03 DEBT RATIO $0.52 LONG TERM DEBT COVERAGE RATIO $0.04...
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This note was uploaded on 10/12/2011 for the course BUSN 2300 taught by Professor Davidoff during the Fall '11 term at CUNY Brooklyn.

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