Business Finance Homework Help

Hello,

This is peronsal finance class and he requirements for this work as follow:
it should be done in ppt file and just make it simple and clear as much as you can

step 1: Determine your current personal financial situation using appropriate financial tools. So you are to prepare your financial statements for the same one-year period, i.e. a cash flow statement, an income statement and a balance sheet (all for the past year at year end or most recent month end)

step 2: Develop financial goals (identify short-term, mid-term, and long-term goals). Rank your goals in order of importance as they relate to the financial resources available and expected. Estimate the financial commitment for each goal considering all factors covered in class. The following must be included in your plan (derived out and included in the financial statements): 1) a budget 2) estimation of assets/investments or debt balances using time value of money formulas ; 3) debt/credit (plan to manage debt, 4) savings, investing (plan to invest, 5) an evaluation of the impact on Net Worth if the actions in this plan are implemented; and 6) strategies to follow in light of your career choice -things to do in finding and leaving a job.

step 3: Identify courses of action.

step 4: Evaluate your alternatives.

step 5: Pull all the pieces together (from previous Stages) and create and implement your plan, e.g what specific actions you will take in what time frame. Prepare your expected or projected financial statements once you implement the courses of action you have identified in step 3.