You are given the following data for Kim Zerussen: Assuming that inflation was 10 percent during 2008,

Question:

You are given the following data for Kim Zerussen:

Assuming that inflation was 10 percent during 2008, evaluate Kim€™s financial performance for the year.

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Personal Finance An Integrated Planning Approach

ISBN: 978-0136063032

8th edition

Authors: Ralph R Frasca

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Question Posted: Mar 19, 2015 10:30 AM

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You are given the following data for Kim Zerussen: Assuming that inflation was 10 percent during 2008,

Question:

2008 Income during the year $60,000 $64,000 0,000 60,000 2007 End of year: Assets Liabilities 40,000 49000

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Kims balance sheet for 2007 indicates a net worth of 10000 wh...View the full answer

Personal Finance An Integrated Planning Approach

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