Cash Flow Statement for a Couple and one child- Jeff and Ashley

January 1, 2014-December 31, 2014

Dollars

Percent

Income
Jeff's salary
Ashley's salary
Interest revenue
Tax refunds
Dividends
Service Revenue
Total Income

$45,000.00 46.51%
$37,000.00 38.24%
$1,000.00
1.03%
$350.00
0.36%
$400.00
0.41%
$13,000.00 13.44%
$96,750.00 100.00%

Expenses
Fixed Expenses
Mortgage payments
LLC taxes
Homeowner's insurance
Car insurance and registartion
Auto loan
Life insurance
Medical insurance
Dental insurance
Savings fund deposits
Federal income taxes
State income taxes
Retirement fund
Tuition
Total fixed expense
Variable Expenses
Food
Utilities
Car expenditures
Medical expenses
Equipment maintence
School supplies
Personal allowances
Vacation
Gifts
Clothing
Miscellaneous
Total variable expenses
Total expenses
Surplus

$12,000.00
$3,000.00
$1,000.00
$1,800.00
$5,000.00
$2,000.00
$2,000.00
$1,000.00
$1,500.00
$10,000.00
$2,000.00
$5,000.00
$14,000.00
$60,300.00

13.60%
3.40%
1.13%
2.04%
5.67%
2.27%
2.27%
1.13%
1.70%
11.34%
2.27%
5.67%
15.87%
68.35%

$3,000.00
3.40%
$3,600.00
4.08%
$2,996.00
3.40%
$150.00
0.17%
$6,000.00
6.80%
$900.00
1.02%
$5,000.00
5.67%
$4,250.00
4.82%
$1,500.00
1.70%
$400.00
0.45%
$120.00
0.14%
$27,916.00 31.65%
$88,216.00 100.00%
$8,534.00
8.82%

Balance sheet for a Couple with one child- Jeff and Ashley
Decemeber 31, 2014
Assets
Dollars

Percent

Monetary Assets
Cash on Hand
Savings account
Jeff's checking account
Ashley's checking account
Tax refund due
Total Monetary assets

150
4000
3000
2000
900
10050

0.06%
1.70%
1.28%
0.85%
0.38%
4.28%

Home
Equipment
Automobiles
Total Tangible Assets

145000
15000
55000
215000

Disney stock
Chicago bond 2017
Life insurance cash value
Total Investment Assets
Total Assets

3000
900
6000
9900
234950

61.72%
6.38%
23.41%
91.51%
0.00%
1.28%
0.38%
2.55%
4.21%
100.00%

100
2130
2230

0.04%
0.91%
0.95%

50000
15000
65000
67230
167720
234950

21.28%
6.38%
27.67%

Tangible Assets

Investment Assets

Liabilities
Short-Term Liabilities
Dentist bill due
Credit card debit
Total Short-Term Liabilities
Long-Term Liabilities
Mortgage
Auto loan
Total long-term liabilities
Total Liabilities
Net worth
Total Liabilities and Net Worth

71.39%
100.00%

Financial Ratios
Ratio

Equation

Caluculation

Explaination

Liquidity ratio

Monetary assets
divided by monthly
expenses

This shows that Jeff and Ashley can

pay off their montly expenses byone
and a quarter of a month. This needs
10050/8062.5=to be at least 3 months.

This shows that Jeff and Ashley have

enough assets to cover their debt a
little under three and a half times. This
is very good because the number
Asset-to-debt ratio Total assets/total debt 234950/67230=
needs to be at least 1.25.

Debt-to-income
ratio

Annual debt
repayments/ gross
income X 100

This shows that Jeff and Ashley have

good control of their debt in
comparison to their assets. This numbe
rneeds to be under 36% and continue
17000/96750= to decrease.

Monthly nonDebt payments-to- mortgage debt

disposable income payments/monthly
ratio
dispoable income

This shows that Jeff and Ashley's

disposable income in comparison to
their current debt is not at a desirabe
rate. The percentage needs to be
1417/7062.5=2lower to at leats 14%.

Investment Assets- Investments assets/

to-Total Assets Ratio total assets

This shows that Jeff and Ashley are not

progressing to weel in their
investments. They should consider
looking to make more investments
because this number needs to be at
least 31% because this couple is over
9900/234950= the age of 40.