User Account

All Pages

Construct a personal income statement for the family

Assignment Help Accounting Basics
Reference no: EM133033131

Question - Your spouse provided the following information information about your family: salaries, $69,000; mortgage payment, $7,815; food, $2,488; interest income, $697; transportation, $1,356; dividend income, $333; automobile payment, $3,650; clothes and personal, $2,220; student loan payment, $1,345; property taxes, $1,847; utilities, $3,370; insurance, $2,228; income taxes $9,235; and recreation and vacation, $2,635. Construct a personal income statement for the family and determine what is the family's disposable income?

Reference no: EM133033131

Questions Cloud

Are dominant designs good for consumers : Are dominant designs good for consumers? Competitors? Complementors? Suppliers? The economy? Provide support for your explanation along with 2-3 example designs
Court decision played role in policy changes : Explain how you believe the court's decision played a role in policy changes. Describe how you will apply what you have learned to your final project.
Explain warehouse location and technology : Explain warehouse location and technology can reduce post-harvest losses in root crops
Corporate social responsibility and motivation : Note Before addressing this case you may find it helpful to examine the section in Chapter 2 of this book that discusses CSR.
Construct a personal income statement for the family : Your spouse provided the following information information about your family: salaries, $69,000; Construct a personal income statement for the family
The massage garage : Dylan enters into a franchise agreement with The Massage Garage ("TMG") , a national massage chain located primarily in shopping malls and airports.
Discuss the potential benefits from joining : You are a sales consultant of an IT company and recently joined a tennis social group of your company. Through informal group, you form strong friendships with
Contract help : The hottest movie this summer is the block buster super hero film "The White Knight Ascends." Lou goes to see it
What is advice to the business leadership : What can be the sustainability strategy for the ice cream parlour business in canada

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd