Help me in the question below
Help me in the question below.
Please answer; see attached:
University of Phoenix Material
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper NowCase Study: Carol Jones
Carol works as a business representative for an import/export company. Her job provides her with the opportunity to travel and experience new things. Because she travels so much, Carol feels that she does not have a handle on her finances. She has decided to pay a visit to a financial advisor for help.
Carol’s Salary |
$2,000 |
Auto Payment |
$262 |
|||
Home |
$100,000 |
Mastercard |
$5,000 |
Int 15% |
||
Gas/Heating |
$100 |
Visa Card |
$3,000 |
Int 15% |
||
Electric |
$125 |
Bloomingdale Card |
$1,500 |
Int 29% |
||
Water |
$60 |
Personal Loan |
$5,000 |
Int 5%, 60 mths |
||
Internet/Cable |
$150 |
Mortgage |
$95,000 |
|||
Phone |
$50 |
Mortgage Payment |
$796 |
|||
Cell Phone |
$200 |
Car |
$20,000 |
|||
Food |
$250 |
Gym Membership |
$20 |
|||
Mortgage Payment |
$796 |
Personal Loan Payment |
$94 |
|||
Car Insurance |
$165 |
Carol’s 401K |
$50,000 |
|||
Savings |
$500 |
Auto Loan |
$15,000 |
|||
Checking |
$1,000 |
Visa Payment |
$60 |
|||
Lawn Service |
$100 |
Bloomingdale Payment |
$30 |
|||
Mastercard |
$100 |
Write a 700- to 1,050-word paper that addresses the following items from the case study:
- Apply financial planning concepts to advise Carol and explain how Carol can benefit from financial planning. Describe the benefits of using financial statements in financial planning.
- Utilize and explain strategies that Carol can use to increase her net worth. How does this affect her cash flow?
- Describe the sources available for asset management.
- Compile a list oflegal protections that can be used to protect Carol’s assets.
- Using the information provided for Carol create a balance sheet and cash flow statement. Estimate Carol’s overall net worth.
Click the Assignment Files tab to submit your assignment.