Use the following items to prepare a balance sheet and a cash flow statement Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. (Omit the "$" sign in your response.) Rent for the month Monthly take-home salary. Cash in chequing account Savings account balance. Spending for food. Balance of educational loan Current value of automobile Telephone bill paid for month Credit card balance Loan payment picture Click here for the Excel Data File Total assets Total liabilities Net worth Total cash inflows Total cash outflows $ $ $ $ $ $ 1,038 2,850 1,828 2,360 470 2,978 8,490 85 301 163 Auto insurance Household possessions stereo equipment Payment for electricity Lunches/parking at work. Donations Home computer Value of stock investment Clothing purchase Restaurant spending $ 248 3,478 3,148 144 199 135 2,220 1,080 157 227

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Use the following items to prepare a balance sheet and a cash flow statement Determine the total assets, total liabilities, net worth,
total cash inflows, and total cash outflows. (Omit the "$" sign in your response.)
Rent for the month
Monthly take-home salary.
Cash in chequing account
Savings account balance.
Spending for food.
Balance of educational loan
Current value of automobile
Telephone bill paid for month
Credit card balance
Loan payment
picture Click here for the Excel Data File
Total assets
Total liabilities
Net worth
Total cash inflows
Total cash outflows
$
$
$
$
$
$ 1,038
2,850
1,828
2,360
470
2,978
8,490
85
301
163
Auto insurance
Household possessions
stereo equipment
Payment for electricity
Lunches/parking at work.
Donations
Home computer
Value of stock investment
Clothing purchase
Restaurant spending
$
248
3,478
3,148
144
199
135
2,220
1,080
157
227
Transcribed Image Text:Use the following items to prepare a balance sheet and a cash flow statement Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. (Omit the "$" sign in your response.) Rent for the month Monthly take-home salary. Cash in chequing account Savings account balance. Spending for food. Balance of educational loan Current value of automobile Telephone bill paid for month Credit card balance Loan payment picture Click here for the Excel Data File Total assets Total liabilities Net worth Total cash inflows Total cash outflows $ $ $ $ $ $ 1,038 2,850 1,828 2,360 470 2,978 8,490 85 301 163 Auto insurance Household possessions stereo equipment Payment for electricity Lunches/parking at work. Donations Home computer Value of stock investment Clothing purchase Restaurant spending $ 248 3,478 3,148 144 199 135 2,220 1,080 157 227
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