Cash Flow and Budgetting

Last updated over 1 year ago
5 questions
1

Use the above table to find this familieis average amount spent on groceries per month.
(This is probably for a family of 5).

1

Use the above table to find this familie's average amount spent on dining out per month.
(This is probably for a family of 5).

Bob Forrester is retired and owns a home.
He has these assets and liabilities.

Use the following table to help you answer the following questions:
1

Calculate Bob’s net worth.

1

Two years ago, Bob’s net worth was $650,000. Last year, his net worth as $740,500. What is the increase or decrease between two years ago and last year?

1

Marina’s monthly liabilities and
assets are as shown in the table.

Find Marina’s debt-to-
income ratio. Express that ratio as a percent.