Question: Hi , please help me understand and solve these financial and ratios 3 questions part with steps. I have provided the income and expenses sheet

Hi, please help me understand and solve these financial and ratios 3 questions part with steps. I have provided the income and expenses sheet about the questions. Thanks I appreciate it. PFI 2301: Personal Financial Literacy
information Shert
Project Overviews Throughout the semester, you will be working or an application based sternario on how to apply the course learning goals. All projects will be submitted through Excel. The "trifo Sheet" (where you're now) will be the landing page for all of the infornation to complete each Learning Goal Project. Make sure to keep up with the schectule for the due dates and review the nubrics to make sure you know how ench Priect will be graded. Let's get started!
Unit 1: BASICS - The Tools and the Rules of Personal Finance
LG3-Understand how financial statements & ratios and basic tax fundamentals impoct the financial planning process.
Income and Expenses are given in annual amaounts
Jessica Age
34
Salary $ 60,000,00
Mortgage Payments $ 22,000.00
Money Market Account $ 15,000.00
Mutual Fund Account $ 1,000.00
Home Value $160,000.00
Furnature Value $ 2,300.00
Mortgage Balance $138,000.00
Roth IRA $ 8,500.00
Credit Card Payments $ 600.00
Entertainment $ 1,200.00
Checking Account $ 22,000.00
Car Payments $ $,100.00
Consulting Income $ 2,000.00
Car Loan Balance $ 4,000.00
Graceries $2,400.00
Fuel $1,000.00
Car Value $8,000.00
Employer Plan $10,000.00
Student Loan Payment $6,000.00
Stamp Collection $500.00
Credit Card Balance $1,000.00
Amazon Purchases $2,500.00
Savings Account $5,000.00
Past Due Speeding Tichet $350.00
Student Lan Bolance $20,000.00
Insurance Payments $3,000.00 Utilities
$2,300.00
 Hi, please help me understand and solve these financial and ratios

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!