Question: Step by step solution for all three ques...don't upload images.... Individual Assignment part A (5% of final grade) Instructions: Complete the two questions below and

Step by step solution for all three ques...don't upload images....

Step by step solution for all three ques...don'tStep by step solution for all three ques...don't
Individual Assignment part A (5% of final grade) Instructions: Complete the two questions below and submit the completed document on SLATE under "Assignments -> Assignment part A" in week 4 before class begins. Personal Financial Statements Lisa is trying to get her personal finances in order. She does not know how to organize the following information. Mortgage Payment 1,175 House 210,000 Credit Card Balance 9,300 After-tax Income 3,000 Groceries Expense 240 Car 15,000 Clothing 450 Car Loan Payment 360 Furniture 10,000 Car Loan 10,000 Car Maintenance 150 Utilities Expense 100 Cash in bank 500 Mortgage 181,000 Recreation Expense 400 Lisa has come to you for help.(a) Organize the above financial information into a properly formatted (i) Personal Cash Flow Statement and (ii) Personal Balance Sheet. (10 marks) (b) Calculate the values and comment on each of them: (i) savings rate, (ii) liquidity ratio, (iii) debt-to-asset ratio. (6 marks) (c) Make at least 4 recommendations to help Lisa her improve her money management? (4 marks)

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