Homework
Write a 700 to 1,050 words paper that addresses the following items from the case study:
1) 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.
2) Utilize and explain strategies that Carol can use to increase her net worth. How does this affect her cash flow?
3) Describe the sources available for asset management.
4) Compile a list of legal protections that can be used to protect Carol's assets.
5) Using the information provided for Carol create a balance sheet and cash flow statement. Estimate Carol's overall net worth.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.