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    Monthly Cash Flow EX Ercise: Use The Following Scenario Cards To Fill Out The Monthly Cash Flow Statement Worksheet

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    Nafa Fadila
    The document provides a scenario for a monthly cash flow exercise. It includes scenario cards that list various monthly income and expense items for a student. The student must use the information from the cards to fill out a Monthly Cash Flow Statement worksheet. The worksheet has sections for total monthly income, fixed expenses, variable expenses, total expenses, and calculates the surplus or deficit for the month.

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    Monthly Cash Flow EX Ercise: Use The Following Scenario Cards To Fill Out The Monthly Cash Flow Statement Worksheet

    Uploaded by

    Nafa Fadila
    321 views2 pages
    The document provides a scenario for a monthly cash flow exercise. It includes scenario cards that list various monthly income and expense items for a student. The student must use the information from the cards to fill out a Monthly Cash Flow Statement worksheet. The worksheet has sections for total monthly income, fixed expenses, variable expenses, total expenses, and calculates the surplus or deficit for the month.

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    Original Title

    CASH FLOW

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    The document provides a scenario for a monthly cash flow exercise. It includes scenario cards that list various monthly income and expense items for a student. The student must use the information from the cards to fill out a Monthly Cash Flow Statement worksheet. The worksheet has sections for total monthly income, fixed expenses, variable expenses, total expenses, and calculates the surplus or deficit for the month.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    321 views2 pages

    Monthly Cash Flow EX Ercise: Use The Following Scenario Cards To Fill Out The Monthly Cash Flow Statement Worksheet

    Uploaded by

    Nafa Fadila
    The document provides a scenario for a monthly cash flow exercise. It includes scenario cards that list various monthly income and expense items for a student. The student must use the information from the cards to fill out a Monthly Cash Flow Statement worksheet. The worksheet has sections for total monthly income, fixed expenses, variable expenses, total expenses, and calculates the surplus or deficit for the month.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    STUDENT HANDOUT 3B

    PROJECT 3 ACTIVITY

    MONTHLY CASH FLOW EXERCISE


    Use the following scenario cards to fill out the Monthly Cash Flow Statement worksheet.

    You receive your You pay your


    You pay a $150 You pay rent of
    monthly gross medical insurance
    car payment. $450 per month.
    salary of $2,000. of $75 a month.

    You pay your You pay for Your monthly


    You pay your car
    renter’s insurance monthly gro ceries utilities are
    insurance of $50.
    of $20. $200. due. You owe
    $125.

    Taxes come out


    Your monthly bill It’s your of your paycheck.
    You go to a
    for gasoline mother’s Federal Tax $150 movie with a
    comes in and you birthday. You State Tax $50 friend that costs
    must pay $75. purchase a $50 Social Secu $10.
    present. rity
    $150

    You hit a pothole You find the


    You put $100 into You go out to perfect outfit for
    and have a flat
    savings for a dinner with your date this
    tire. You must pay
    vacation at the friends. Your bill is weekend. You
    $75 for a
    beach. $25. pay $100 for the
    new one.
    outfit.

    1
    PROJECT 3 ACTIVITY: MONTHLY CASH FLOW EX ERCISE

    MONTHLY CASH FLOW STATEMENT WORKSHEET


    Complete this worksheet with the information from the green scenario cards.

    Income
    Gross salary $2,000
    Total Income $2,000

    Expenditures
    Fixed Expenses
    Rent $450

    Renter’s insurance $20

    Automobile loan payment $150

    Automobile insurance $50

    Medical insurance $75

    Revolving savings fund $100

    Federal income tax $150

    State income tax $50

    Social Security tax $150

    Total Fixed Expenses $1.195

    Variable Expenses
    Food $225

    Utilities $125

    Gasoline and maintenance $150

    Clothing and personal upkeep $100

    Gifts $50

    Miscellaneous $10

    Total Variable Expenses $660


    Total Expenses $1.855

    SURPLUS (DEFICIT) $145

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