Personal Finance

Saylor URL: http://www.saylor.org/books Saylor.org however, so you cannot count on it. Still, a house usually can reduce living ...

Saylor URL: http://www.saylor.org/books Saylor.org Whatever the type of asset you choose, investing in assets or selling capita ...

Saylor URL: http://www.saylor.org/books Saylor.org The Costs of Debt and Equity You can buy capital from other investors in exch ...

Saylor URL: http://www.saylor.org/books Saylor.org The Uses of Debt and Equity Debt is a way to make an investment that could no ...

Saylor URL: http://www.saylor.org/books Saylor.org rent to cover the mortgage and create a profit), it would make more sense, if ...

Saylor URL: http://www.saylor.org/books Saylor.org Financing assets through equity means sharing ownership and whatever gains o ...

Saylor URL: http://www.saylor.org/books Saylor.org 2.4 Income and Risk LEARNING OBJECTIVES Describe how sources of income may b ...

Saylor URL: http://www.saylor.org/books Saylor.org Mark has a checking account, an online money market account, and a balanced p ...

Saylor URL: http://www.saylor.org/books Saylor.org Chapter 3 Financial Statements Introduction Man is the measure of all things; ...

Saylor URL: http://www.saylor.org/books Saylor.org Trace how a bankruptcy can occur. Clay tablets interested Sumerian traders ...

Saylor URL: http://www.saylor.org/books Saylor.org Bookkeeping—the process of recording what and how and by how much a transacti ...

Saylor URL: http://www.saylor.org/books Saylor.org Figure 3.4 Alice’s Loan Payments (Annually) Breaking down Alice’s living expe ...

Saylor URL: http://www.saylor.org/books Saylor.org Alice’s disposable income, or income to meet expenses after taxes have been a ...

Saylor URL: http://www.saylor.org/books Saylor.org Figure 3.6 Alice’s Cash Flow Statement for the Year 2009 Note: On a cash flow ...

Saylor URL: http://www.saylor.org/books Saylor.org income and expenses or consumption and therefore can be expected to occur in ...

Saylor URL: http://www.saylor.org/books Saylor.org balance sheet is a snapshot of what you have and what you owe at a given poin ...

Saylor URL: http://www.saylor.org/books Saylor.org Figure 3.8 Alice’s Balance Sheet, December 31, 2009 Alice’s balance sheet pre ...

Saylor URL: http://www.saylor.org/books Saylor.org history it was not uncommon for bankrupts in many cultures to be put to death ...

Saylor URL: http://www.saylor.org/books Saylor.org KEY TAKEAWAYS Three commonly used financial statements are the income statem ...

Saylor URL: http://www.saylor.org/books Saylor.org Now prepare a balance sheet, again based on Alice’s form. List all your asse ...