Question: I completed part a already below, please correct if anythings wrong Total Liabilities: $180,000 Anne wants to obtain a better understanding of her expenses and

I completed part a already below, please correct if anythings wrong

Total Liabilities: $180,000

Anne wants to obtain a better understanding of her expenses and so decided to track them on a spreadsheet for the month of September.

A copy of the spreadsheet is included below.

Expense For the Month of September, 2023 Amount ($)
Rent 1,200
Rogers Cable 175
Hydro/Electricity 100
Water 155
Cell Phone 110
Food/Groceries 500
Car Expenses (Gas, insurance, etc.) 350
Medical Insurance 200
Clothing/Personal Items 575
Gym Membership 100
Entertainment Expense 350
Monthly Living Expenses 3,815

REQUIRED:

a. Using the information above, calculate Anne's Net Cash Flow for the month of September 2023.Show your detailed calculation.(11 Marks)

b. What can you conclude from Anne's Cash Flow Statement for September? Provide two conclusions about Anne's cash flow.(4 Marks)

PART II Ratio Analysis (Out of 9 Marks)

Use the information in Part I above to:

a) calculate the following financial ratios for Anne's account(6 Marks):

Current Ratio

Liquidity Ratio

Debt-to-Asset Ratio

Explain the results of each of the ratio calculations above.(3 Marks)

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