Business, 06.05.2020 03:44 janeou17xn
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.
Rent for the month $ 1,300
Monthly take-home salary $ 2,835
Spending for food $ 670
Cash in checking account $ 580
Savings account balance $ 2,020
Balance of educational loan $ 2,940
Current value of automobile $ 9,650
Telephone bill paid for month $ 130
Credit card balance $ 300
Loan payment $ 210
Auto insurance $ 360
Household possessions $ 4,700
Video equipment $ 2,675
Payment for electricity $ 155
Lunches/parking at work $ 245
Donations $ 290
Personal computer $ 1,850
Value of stock investment $ 1,185
Clothing purchase $ 175
Restaurant spending $ 195
Answers: 1
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