1) What is the Scott's annual Net Discretionary Cash Flow? ______

[Round the answer to the nearest cent]

2) What is the Scott's annual Net Non-Discretionary Cash Flow? ______

• Total debt payments
• Utilities, Gasoline for autos, Church donations, Food, Auto maintenance, and Telephone expenses.
• Total insurance payments
• Total taxes

[Round the answer to the nearest cent]

3) What is the Scott's Emergency Fund Ratio (EFR)?_____

[Enter the answer as a whole number with two decimals]

4) What is the Scott's current ratio? _______

[Enter the answer as a whole number with two decimals]

5) What is the Scott's Housing Ratio 1 (HR1)? ______

[Enter the answer in as a percent with two decimal (e.g. 5.55%)]

6) What is the Scott's Housing Ratio 2 (HR2)? ______

[Enter the answer in as a percent with two decimal (e.g. 5.55%)]

7) What is the Scott's debt-to-total assets ratio? _____

[Enter the answer in as a percent with two decimal (e.g. 5.55%)]

8) What is the Scott's Savings Rate, assuming that the employer matches up to 6% per annum on the employee's gross salary? ______

[Enter the answer in as a percent with two decimal (e.g. 5.55%)]

9) What is the Scott's investment assets to gross pay ratio? ______

[Enter the answer as a whole number with two decimals]

 

Transcribed Image Text:

Assets Current Assets Cash and Checking Money Market Total Current Assets Investment Assets 401(k) plan Education savings Brokerage investment Total Investment Assets Personal Use Assets Personal Residence Auto #1 Auto #2 Total Personal Use Assets Total Assets $ 5,000.00 $ 10,000.00 $ 100,000.00 $ 20,000.00 $ 10,000.00 $ 350,000.00 $5,000.00 $ 25,000.00 $ 15,000.00 $ 130,000.00 $ 380,000.00 Liabilities and Net Worth Liabilities and Net Worth Credit Cards Auto #2 Personal Residence Total Liabilities Total Net Worth $ 15,000.00 $ 18,000.00 $300,000.00 $ 525,000.00 Total Liabilities and Net Worth $ 525,000.00 $333,000.00 Assets Current Assets Cash and Checking Money Market Total Current Assets Investment Assets 401(k) plan Education savings Brokerage investment Total Investment Assets Personal Use Assets Personal Residence Auto #1 Auto #2 Total Personal Use Assets Total Assets $ 5,000.00 $ 10,000.00 $ 100,000.00 $ 20,000.00 $ 10,000.00 $ 350,000.00 $5,000.00 $ 25,000.00 $ 15,000.00 $ 130,000.00 $ 380,000.00 Liabilities and Net Worth Liabilities and Net Worth Credit Cards Auto #2 Personal Residence Total Liabilities Total Net Worth $ 15,000.00 $ 18,000.00 $300,000.00 $ 525,000.00 Total Liabilities and Net Worth $ 525,000.00 $333,000.00

Answer rating: 100% (QA)

1 Net Discretionary Cash Flow Savings Debt Payments Living Expenses 8400 11100 31500 37500 2 Net NonDiscretionary Cash Flow Utilities Gasoline for Aut... View the full answer