Homework

nnUse the homework template from the class web site (do not leave in the < and >'s).

Grading rubric:

  A B C D F
Professionalism Typed, stapled, no spelling or grammar errors.  Easy to read statements.

Uses the template.
Typed, stapled, no spelling, minor grammar errors.  Easy to read statements.

Does not use template.
Typed,stapled, minor spelling, grammar errors.  Easy to read statements.

Does not use template.
Not stapled, spelling and grammar errors  Statements are not clear.

Does not use template.
Not typed or stapled.  Grammar and spelling errors.  Statements are not clear.
Does not use template.
Balance Sheet Good, realistic list of assets and liabilities for two years.  Will say how numbers were derived. Good, realistic list of assets and liabilities.  Will say how numbers were derived. Minimal list of assets and liabilities. Have expenses in liabilities. Assets do not equal liabilities plus net worth.
Income Statement Good, detailed list of expenses for two years.  Will say how numbers were derived. Good, detailed list of expenses.  Will say how numbers were derived. Moderate list of expenses.  Minimal list of expenses.  No detail.  Have liabilities in expenses. Minimal list of expenses.  No detail.  Missing savings.
Analysis Specific discussion of how much one could save by taking specific actions.

Will talk about changes from year-to-year.  Will discuss the savings rate and what it means.

Specific discussion of how much one could save by taking specific actions.

Will discuss the savings rate.

Specific discussion of how much one could save by taking specific actions. Identification of minimal number of possible areas for saving. Identification of possible areas for saving but no discussion.
References Describes how the numbers were obtained and gives references. Describes how numbers were obtained. Gives no reference to how numbers were obtained. Gives no reference to how numbers were obtained. Gives no reference to how numbers were obtained.