Unit 7-Cash Flow Statement

Front

Expenses include all of the following except: car loan balance, house payment, utilities payment, groceries

Back

car loan balance

Front

Examples of variable expenses include all of the following EXCEPT: grocery expenses, clothing expenses, eating out expenses, student loan payment

Back

student loan payment

Front

How much discretionary income does Amy have if her take-home pay is $1,250 per month, and she pays $500 for rent and utilities, $200 for food, and $300 for transportation?

Back

$1,250 - $500 - $200 - $300 = $250

Front

How much discretionary income does Tom have if his take-home pay is $2,600 per month and he pays $1,000 for mortgage, $500 for transportation, $70 for parking, $250 for retirement fund, $130 for cable-Internet-phone service, and $300 for food?

Back

$350

Front

Income includes all of the following except: Allowance at Home, Take Home Pay, Deductions, Interest Earned from Savings

Back

Deductions

Front

Examples of fixed expenses include all of the following except: car loan payment, mortgage loan payment, student loan payment.

Back

groceries