If you use net salary as income on your budget,the expenditures section must include income taxes and social security taxes.
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Q31: When the income and expense statement indicates
Q32: A cash deficit decreases net worth.
Q33: Total liquid assets is the numerator in
Q34: The equity in your home is the
Q35: The level of the debt service ratio
Q37: The savings ratio is useful in the
Q38: The savings ratio indicates the percentage of
Q39: Interest you earned on your savings account
Q40: The personal balance sheet and income and
Q41: Net worth typically peaks between the ages
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