Question

$122,782 $ 5,860 Karls net income from the bar (Schedule C) $64,000 Junes salary 57,200 Dividend income 777 Checking intere
STATEMENT OF FINANCIAL POSITION Karl and June Monroe January 1, 2017 Liabilities and Net Worth? Assets Current Liabilities Ca

1. liquid assets / monthy expenses= ?
2. net worth / total assets =?
3. total debt / annual total income=?
4. housing amd monthly debt paymenrs / monthly income =?
5. housing cost / monthly income =?

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Answer #1

Calculation of ratios....

17,500 0.15 1160,24 2 402,787 0.77 520,823 eu . 118,036 122782 0.96 4 나 10267 2 0.08 122,782 5 116,029 0.94 122782 2020.09.14

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