Question: 4. Balance sheet - Net worth and interpreting the data The following is a partial balance sheet for Steve and Bonnie Foster. Complete the balance

 4. Balance sheet - Net worth and interpreting the data The
following is a partial balance sheet for Steve and Bonnie Foster. Complete
the balance sheet by determining their total assets, total current liabitities, long-term

4. Balance sheet - Net worth and interpreting the data The following is a partial balance sheet for Steve and Bonnie Foster. Complete the balance sheet by determining their total assets, total current liabitities, long-term liabilities, and net worth. Balance Sheet. Total Persenal 511,495,00 Wroueriy: (2) Total tiabinuties: Ch 02 : Assignment - Using Financial Statements and Budgets Date: December 31, 2012 IRA Total 1nvestments: \$1,440.00 Total Current Uiabilities: Real Proserty Long-Term tiabilities Primary residence 5145,800.00 Primary residence $36,000,00 mortgage Total Real 3145,000.00 Totaltong-Yerm Property: Liabilities: Dersonal Property Honda pwor 311.495.00 Total Personal 511,465.00 Property: (2) Total tiabilities: (1) Total Net worth (1)(2) : Assets: Total Liabilities and Net Worth: With their balanch sheet in place, Strve and Bonic can compure their total Habilities to their total assets to generate a more realiatic view of their. currenit mealth potithon. The federal ferserve aulecin provides data on median net worth, broluen down by aye brackety. - Hased on the federal Aeserwe thveretis data. the fortern are - Their the rubdian net worth for their age group. - Based on their fiabilicier, it unnsbected exthien

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