Sign up for FREE

2.4 Claire's Income and Expense Statement

Last updated over 3 years ago

5 questions

2

Question 1

1.

Does Claire have a net gain or a net loss? What amount?

2

Question 2

2.

After examining her Income and Expense Statement, if you were Claire's financial advisor, what is one change you would recommend Claire make to her financial descisions? Explain.

2

3

1

Question 3

3.

Do you tihnk Claire missed any expenses that should be recorded on her Income and Expense Statement in the future?

Question 4

4.

From the information in her Income and Expense Statement, would you recommend that Claire purchase the new car and begin making the monthly loan payment of $200.00? Provide at least two reasons to support your answer.

Question 5

5.

What other information would help Claire make a descision regarding whether or not to purchase a new car?