3250 and 3200 S12 practice prelim

3250 and 3200 S12 practice prelim - Paul Strebel, CPA, CFP...

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---- Paul Strebel, CPA, CFP Preliminary Exam - March 4, 2010 Problems Section: Problem #1 Financial Calculations and Ratios (10 points) Mike's Personal Balance Sheet, December 31, 2009 Assets Checking account Savings account Total liquid assets Home furnishings Clothing Market value of automobile Total Personal Property Market value of home Total Real Property Total Assets Debts Mortgage payment Utilities Credit card payments Total current bills Credit card balances Car loans Total Short-term debt Home mortgage balance Total Long-term debt Total Liabilities $4,100 6,500 $10,600 $11,800 2,500 38,800 $53,100 $340,000 $340,000 $403,700 $2,480 580 370 $3,430 $9,600 15,600 $25,200 $243,300 $243,300 $271,930 9 Question Sheet - HA 3325 Exam #
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---- Paul Strebel, CP A, CFP Preliminary Exam - March 4, 2010 Mike's Personal Cash Flow Statement Cash Inflows Monthly Salary (gross) $12,400 Interest income 98 Total cash inflow $12,498 Cash Outflows Income/payroll taxes Groceries Mortgage payment Utilities
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This note was uploaded on 03/13/2012 for the course HADM 3320 taught by Professor Hensley during the Spring '10 term at Cornell.

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3250 and 3200 S12 practice prelim - Paul Strebel, CPA, CFP...

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