Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

Business Finance – Operations Management FINANCIAL PORTFOLIO ASSIGNMENT

FINANCIAL PORTFOLIO ASSIGNMENT

The purpose of this assignment is to set up basic financial documents for the tracking and management of personal financial decisions.

Review both of the following options for approaching assignments in this course:

·

Option A:
 As this is a personal finance course, students are encouraged to utilize their actual personal financial data, related circumstances, and decisions throughout this course.

·

Option B:
 However, instead of using your current situation, you have the option of researching what you think your starting salary will be upon graduation from your degree program. In this situation, you may base your financial details on the assumptions of the job you will be doing. In this case, you will determine what you think your expenses will be and create a budget from there.

If you choose Option B, note that you are highly encouraged to also track and apply the principles in this course to your current financial situation.

After selecting Option A or Option B, address the following using the attached “Balance Sheet and Cash Flow Workbook” and “Daily Spending Log” resources:

1. Using the “Personal Balance Sheet” tab in the “Balance Sheet and Cash Flow Workbook,” create your own personal balance sheet with your assets, liabilities, and net worth.

2. Next, set up your daily expenses using the attached “Daily Spending Log.” Make plans to track your expenses for the next 30 days. You will need this information to help complete the Topic 6 Benchmark – Personal Finance Plan assignment.

3. Finally, using the “Personal Cash Flow” tab in the “Balance Sheet and Cash Flow Workbook,” create your own estimated personal cash flow statement with what you estimate you will have as cash inflows, cash outflows, and surplus for the next 30 days.

Write a 150-250-word summary discussing the following items. 

1. What were your thoughts and observations as you created your own balance sheet?

2. How might the balance sheet help you in future financial planning?

3. How close to reality do you think your estimated personal cash flow statement will be compared to when you track your actual income and expenses for a month?

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Prof Double R

 In response to your peers, consider their argument. Do you agree? Disagree? Are there parts of their argument that you agree with? If so, which ones? If not, which parts do you specifically disagree with? Is there something that your peer said that made you reevaluate your position a bit? 

Mgmt 338 RP

I’ll post question to you  Assignment Expectations Week 1: Country Selection Students are required to select a country to research for the final paper. The selected country must be claimed in the ‘Country Selection’ discussion topic located in the open forum. Students must review classmates’ selections to ensure their chosen

Business Finance – Management Homework

MBA 599 – Strategic Management Case Project This capstone course requires each student to construct a detailed and well-thought-out analysis of a business employing all the relevant strategic analysis tools studied in the course. This project will take the full term to complete. It is our sincere hope that you

Mapping the Customer Experience Journey to Improve Customer Experience

Mapping the Customer Experience Journey to Improve Customer Experience In today’s competitive market, businesses must focus on delivering meaningful and seamless interactions at every stage of engagement. This is why mapping the customer experience journey has become an essential strategy for growth. By understanding how customers interact with a brand

Generative AI

   Discuss whether and how generative AI will play a role in strategic planning? How might you use it to assist in strategy formulation and implementation?

BCG and IE

   Are there key differences between BCG and IE portfolio matrices in both early-stage and established companies? If so, what are those key differences, and if not, why not? Provide insights in your responses based on the industry in which you have worked, are working in, or would like to

Event Software LLC

Reliable virtual event software is essential for online gatherings, and Eventsoftware.com offers seamless integrations, engagement features, and stable performance for global audiences.

Logistics 6

Please see attached  BUSI 615 Integrated Learning Project Assignment Instructions Overview The integrated learning assignment is a series of 6 assignments and a final course consolidated submission. All assignments and the compilation of the final consolidated submission is managed as an individual assignment. Purpose The purpose of the ILP is

Total Quality Management week 6

See attached the problem for my organization is invoice processing and how long it takes for vendors to get paid for the cook county organization. 

BUSINESS( NO PLAGARISM A+ WORK, ON TIME)

Tutor discussions  DB (NO MORE THAN 150 WORDS) Hello class! Looks like we made it to the end! When a company like X5RL creates a breakthrough treatment, the question of whether people can afford it gets complicated fast. Technically, the public’s financial struggles aren’t X5RL’s “problem,” but it’s hard to

Week 7 discussion

 please be sure to discuss the following 4 prompts regarding ‘The Three R’s’ (reduce, reuse, recycle) to waste reduction. (1) Please describe how ‘The Three R’s’ are ordered by how impactful those actions are. (2) Given the issues with recycling, why do you think it is still included in being

DEFM200

see attached Instructions Assignment Directions Write a three-page essay (excluding title and reference pages) on contract modifications and terminations in government contracting, using paraphrased content from at least three library articles and APA citations as detailed in the current APA manual in the library resources focus on: · The types and

Management

Can you help me with this question? Essay 2 Assignment Preparation Instructions: 1. Compose the assignment using Microsoft Word. 2. The paper should be formatted using double-spaced, Times New Roman, 12-point font, and one-inch margins. Content Instructions: 1. Pick a topic of interest to you from Chapters 7-12 of your

Calculating Quantities and Annual Costs

Assignment with questions are attached. Answers can be used on same document QSO 630 Module Four Problem Set Calculating Quantities and Annual Costs For this assignment, you will calculate quantities and annual costs to answer two supply chain questions. When you are finished, submit your answers for review by your

EXP 4

I have attached the completed versions of A2 and A3. Please use both to complete A4. The assignment needs to be cohesive to my original a2 and a3. This assignment is graded HARSHLY. I need quality work only 

Deliverable 2 – Lease Versus Purchase

  Scenario Health resources are finite. Therefore, it is incumbent on all health organizations to exercise responsible fiscal decision making when allocating their financial resources. As the senior cost analyst for a local, nonprofit hospital, you are charged with determining the most appropriate use of financial resources and making recommendations.