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Construct a statement of financial position (balance sheet) for the Humperdink family using the following information:
Cash
$50
Checking account
$2,500
student loan balance
$6,000
stocks and bonds
$2,600
savings account
$5,850
residence
$110,000
automobile
$12,000
$5,800
automobile loan balance
401K retirement account
$15,000
furniture, clothing, jewelry
$8,000
credit card balance
$4,000
mortgage loan balance
$99,000
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the goodman industries and landry incorporateds stock prices and dividends along with the marketindex are shown below.
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Computation of operating cash flows from capital project and evaluating a project which will increase sales by $50,000 and costs by $30,000
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