Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash Flow Items Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance Auto insurance Home entertainment system Lunches/parking at work Computers Clothing purchase Balance Sheet and Cash Flows Total assets Total liabilities Not worth Total cash inflows Total cash outflows $1,610 1,400 1,270 7,950 264 327 3,180 212 1,780 137 Monthly take-home salary Savings account balance Balance of educational loan Telephone bill paid for month Loan payment Household possessions Payment for electricity Donations Value of stock investment Restaurant spending $ 4,340 2,700 2,300 83 162 3,758 149 166 1,400 224
Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash Flow Items Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance Auto insurance Home entertainment system Lunches/parking at work Computers Clothing purchase Balance Sheet and Cash Flows Total assets Total liabilities Not worth Total cash inflows Total cash outflows $1,610 1,400 1,270 7,950 264 327 3,180 212 1,780 137 Monthly take-home salary Savings account balance Balance of educational loan Telephone bill paid for month Loan payment Household possessions Payment for electricity Donations Value of stock investment Restaurant spending $ 4,340 2,700 2,300 83 162 3,758 149 166 1,400 224
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
am.104.
Transcribed Image Text:Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.
Balance Sheet and Cash Flow Items
Rent for the month
Cash in checking account
Spending for food
Current value of automobile
Credit card balance
Auto insurance
Home entertainment system
Lunches/parking at work
Computers
Clothing purchase
Balance Sheet and Cash Flows
Total assets
Total liabilities
Net worth
Total cash inflows
Total cash outflows
$ 1,610
1,400
1,270
7,950
264
327
3,180
212
1,780
137
Monthly take-home salary
Savings account balance
Balance of educational loan
Telephone bill paid for month
Loan payment
Household possessions
Payment for electricity
Donations
Value of stock investment
Restaurant spending
$ 4,340
2,700
2,300
83
162
3,758
149
166
1,400
224
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