Cash Flow and Budgetting

Last updated almost 2 years ago

5 Nsɛmmisa

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:

Laabri

Cash Flow and Budgetting

Last updated almost 2 years ago

5 Nsɛmmisa

Asemmisa {{asɛmmisaAhyɛnsode}}

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

740

800

785

820

Asemmisa {{asɛmmisaAhyɛnsode}}

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).

900

150

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:

Asemmisa {{asɛmmisaAhyɛnsode}}

Calculate Bob’s net worth.

$763,740

$905,680

$141,940

Asemmisa {{asɛmmisaAhyɛnsode}}

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?

-$45,500

+$45,500

-$90,500

+$90,500

Asemmisa {{asɛmmisaAhyɛnsode}}

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.

21%

28%

62%

3.62%

Asemmisa {{asɛmmisaAhyɛnsode}}

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

740

800

785

820

Asemmisa {{asɛmmisaAhyɛnsode}}

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).

900

150

Asemmisa {{asɛmmisaAhyɛnsode}}

Calculate Bob’s net worth.

$763,740

$905,680

$141,940

Asemmisa {{asɛmmisaAhyɛnsode}}

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?

-$45,500

+$45,500

-$90,500

+$90,500

Asemmisa {{asɛmmisaAhyɛnsode}}

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.

21%

28%

62%

3.62%

Cash Flow and Budgetting

Cash Flow and Budgetting

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

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).

Calculate Bob’s net worth.

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?

Marina’s monthly liabilities andassets are as shown in the table.Find Marina’s debt-to-income ratio. Express that ratio as a percent.

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

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).

Calculate Bob’s net worth.

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?

Marina’s monthly liabilities andassets are as shown in the table.Find Marina’s debt-to-income ratio. Express that ratio as a percent.

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

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).

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.

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

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).

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.