ASSIGNMENT 04C07J Personal FinanceDirections: Be sure to save an electronic copy of your answer...

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ASSIGNMENT 04C07J Personal FinanceDirections:  Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use coect English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.Part A:    1.    Allison expects her monthly cash inflow after taxes to be $3000. She also has the following monthly expenses: Rent, $750; student loan payment, $200; utilities, $150; food, $300; recreation, $600; car expenses, $200; clothing, $150.  What is Allison's net cash flow for the cuent month?    2.    Judy has cash inflows of $3,000 for the month of June. Her expenses or cash outflows were $4,000. List two (2) options for Judy to meet her financial obligations in June and indicate the effect (increase or decrease) of these options on her assets and liabilities.Part B:    Describe how credit cards affect the following.1. Your personal budget2. Your income statement3. Your balance sheetPart C:    Describe at least two (2) advantages and two (2) disadvantages of selling your home yourself instead of hiring a realtor.Grading RuicPlease refer to the ruic on the following page for the grading criteria for this assignment.    CATEGORY    Exemplary    Satisfactory    Unsatisfactory    Unacceptable    Part A: Net cash flow (10 points)    10 points     0 points     N/A    N/A        Student provides the coect net cash flow.    Student provides the incoect net cash flow.    N/A    N/A    Part A: Options & effect (15 points)    15 points     12 points     8 points     5 points         Student provides 2 clear, logical options for Judy to meet her financial obligations, along with the effect of these options on her assets and liabilities.    Student provides 1-2 mostly clear, logical options for Judy to meet her financial obligations, along with the effect of these options on her assets and liabilities.    Student provides 1-2 weak or unclear options for Judy to meet her financial obligations, along with the effect of 1-2 of these options on her assets and liabilities.    Student provides 1 poor options for Judy to meet her financial obligations, along with the effect of 0-1 of these options on her assets and liabilities.    Part B: Credit cards (20 points)    20 points     15 points     10 points     5 points         Student provides a clear, logical description of how credit cards affect each of the following: your personal budget, your income statement, your balance sheet.     Student provides a mostly clear, logical description of how credit cards affect 2-3 of the following: your personal budget, your income statement, your balance sheet.     Student provides a weak or unclear description of how credit cards affect 1-2 of the following: your personal budget, your income statement, your balance sheet.     Student provides a poor description of how credit cards affect 1 of the following: your personal budget, your income statement, your balance sheet.     Part C: Selling your home - advantages (15 points)    15 points     12 points     8 points     5 points         Student provides at least 2 clear, logical advantages of selling your home yourself instead of hiring a realtor.    Student provides 1-2 mostly clear, logical advantages of selling your home yourself instead of hiring a realtor.    Student provides 1-2 weak or unclear advantages of selling your home yourself instead of hiring a realtor.    Student provides 1 poor advantage of selling your home yourself instead of hiring a realtor.    Part C: Selling your home - disadvantages (15 points)    15 points     12 points     8 points     5 points         Student provides at least 2 clear, logical disadvantages of selling your home yourself instead of hiring a realtor.    Student provides 1-2 mostly clear, logical disadvantages of selling your home yourself instead of hiring a realtor.    Student provides 1-2 weak or unclear disadvantages of selling your home yourself instead of hiring a realtor.    Student provides 1 poor disadvantage of selling your home yourself instead of hiring a realtor.    Mechanics (15 Points)    15 points     12 points     8 points     5 points         Student makes no eors in grammar or spelling that distract the reader from the content.    Student makes 1-2 eors in grammar or spelling that distract the reader from the content.    Student makes 3-4 eors in grammar or spelling that distract the reader from the content.    Student makes more than 4 eors in grammar or spelling that distract the reader from the content.    Format  (10 Points)    10 points     8 points     5 points     2 points         The paper is written in proper format. All sources used for quotes and facts are credible and cited coectly.    The paper is written in proper format with only 1-2 eors. All sources used for quotes and facts are credible and most are cited coectly.    The paper is written in proper format with only 3-5 eors. Most sources used for quotes and facts are credible and cited coectly.    The paper is not written in proper format. Many sources used for quotes and facts are less than credible (suspect) and/or are not cited coectly. ASSIGNMENT 08C07J Personal FinanceDirections:  Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use coect English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.Part A:    1.    Describe two (2) steps you should take to evaluate and choose health care insurance options.    2.    Describe one (1) consideration you should take into account when looking into the option of private health care insurance.Part B:    Describe one (1) way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.Part C:    Before investing in mutual funds, describe two (2) other issues that you would want to address in your overall financial plan.Grading RuicPlease refer to the ruic on the following page for the grading criteria for this assignment.    CATEGORY    Exemplary    Satisfactory    Unsatisfactory    Unacceptable    Part A: Health care insurance - steps (20 points)    20 points     15 points     10 points     5 points         Student provides a clear, logical description of at least 2 steps you should take to evaluate and choose health care insurance options.    Student provides a mostly clear, logical description of 1-2 steps you should take to evaluate and choose health care insurance options.    Student provides a weak or unclear description of 1-2 steps you should take to evaluate and choose health care insurance options.    Student provides a poor description of 1 step you should take to evaluate and choose health care insurance options.    Part A: Health care insurance - considerations (15 points)    15 points     12 points     8 points     5 points         Student provides at least 1 clear, logical consideration you should take into account when looking into the option of private health care insurance.    Student provides at least 1 mostly clear, logical consideration you should take into account when looking into the option of private health care insurance.    Student provides at least 1 weak or unclear consideration you should take into account when looking into the option of private health care insurance.    Student provides 1 poor consideration you should take into account when looking into the option of private health care insurance.    Part B: Investing in stocks (20 points)    20 points     15 points     10 points     5 points         Student provides a clear, logical description of at least 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.    Student provides a mostly clear, logical description of at least 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.    Student provides a weak or unclear description of at least 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.    Student provides a poor description of 1 way that the decision to invest in stocks affects financial planning, liquidity management, financing, and protecting your wealth.    Part C: Mutual funds (20 points)    20 points     15 points     10 points     5 points         Student provides a clear, logical description of at least 2 other issues that you would want to address in your overall financial plan before investing in mutual funds.    Student provides a mostly clear, logical description of 1-2 other issues that you would want to address in your overall financial plan before investing in mutual funds.    Student provides a weak or unclear description of 1-2 other issues that you would want to address in your overall financial plan before investing in mutual funds.    Student provides a poor description of 1 other issue that you would want to address in your overall financial plan before investing in mutual funds.    Mechanics (15 Points)    15 points     12 points     8 points     5 points         Student makes no eors in grammar or spelling that distract the reader from the content.    Student makes 1-2 eors in grammar or spelling that distract the reader from the content.    Student makes 3-4 eors in grammar or spelling that distract the reader from the content.    Student makes more than 4 eors in grammar or spelling that distract the reader from the content.    Format  (10 Points)    10 points     8 points     5 points     2 points         The paper is written in proper format. All sources used for quotes and facts are credible and cited coectly.    The paper is written in proper format with only 1-2 eors. All sources used for quotes and facts are credible and most are cited coectly.    The paper is written in proper format with only 3-5 eors. Most sources used for quotes and facts are credible and cited coectly.    The paper is not written in proper format. Many sources used for quotes and facts are less than credible (suspect) and/or are not cited coectly. ASSIGNMENT 03Assignment 04EC400 Early Childhood Math and ScienceDirections:  Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use coect English spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages in length; refer to the "Format Requirements" page for specific format requirements.Part 1After completing the reading assignments for Lesson 1, you will have learned a lot about lesson planning. Use the Basic Science Lesson Plan components outlined in the textbook (p. 67) ― topic/concept, objective, materials, advanced preparation, procedure, evaluation and extension ― to write a science lesson plan appropriate for use in an early childhood classroom.

Sandeep · Accepted Answer

Assignment 04
Part A: 1
Allison Monthly Cash Inflow After Tac (CFAT) 	= $ 3,000
Total Cash Inflow After Taxes 			   $ 3,000
Less:	Cash Outflows/Monthly Expenses
· Rent Expenses					=   $ 750	
· Student Loan Payment 			=   $ 200
· Utilities					=   $ 150
· Food 						=   $ 300
· Recreation 					=   $ 600
· Car Expenses					=   $ 200
· Clothing 					=   $ 150
Total Cash Outflow/Monthly Expenses	= $ 2,350  
Formula Net Cash Flow for Current month = Monthly Cash Inflow after Taxes – Cash Outflow/Monthly expense
Net Cash Flow = $ 3,000 - $ 2,350	= $ 650
Part A: 2
Allison Monthly Cash Inflow After Tax (CFAT) 	= $ 3,000
Total Cash Inflow After Taxes 			   $ 3,000
Less:	Cash Outflows/Monthly Expenses
Total Cash Outflow/Monthly Expenses	= $ 4,000  
	Deficit						 ($ 1,000)
Has the following options to cover the deficit in June or to meet her financial obligations as follows:
· Sell some of the assets she might be holding at that moment to meet the cash financial obligations, because in case of inability to meet them or defaulting would label her as delinquent. This would severely impair her credit rating.
· Increase the working hours or work overtime to raise her wages/salary in that month to cover the ballooning expenses in the month of June. Since she will need some money to meet contingencies.
The impact of these options on her Assets and liabilities are as under:
· Selling assets to meet excess expenses will reduce her asset base and bring in more cash realized from liquidating assets.
· While working overtime will not have any effect on the assets or liabilities but it will impact her Income statement.
Part B:
· Credit Card impacts our Personal budget in many ways as it is responsible for getting us off track in many ways when we are following our discipline. 
· Credit cards give us the freedom to spend at least 3 times our current income levels or overshoot our budgets which can derail our personal budget commitments. Here you are actually not expending your physical cash, so it doesn’t hurt or sink in. Basically, it multiplies your capacity to spend or income level.
· Credit card gives you fall sense of complacency that you are uber-rich and can afford almost everything under the sun. This feeling is very not good for anyone.
· Credit card gives you the advantage to accumulate reward points which can later be redeemed against purchases or exchanging gifts thus saving cash flows in the future.
· There are several Credit card apps that help manage Credit card spending by employing their analytical abilities in forecasting repetitive expenses.
The credit card also affects our Income statement negatively in that piling up liabilities and cash outflows, restricting the net cash flow available. 
Credit card leverages the Income statement in that Banks use card holder’s income level to decide their Card limits. Thus, higher income and higher spending limits trap us in a vicious debt trap.
Credit card impacts the Income statement in that Interest charged on the card add to liability and in event of default can severely affect our card score or history. 
Credit Card impacts the Balance sheet in the way that it creates liability in the name of the person to whom the name credit card is issued and who uses the card for spending. Since the cardholder gets the right to spend the money up to the card limit and pay within the credit period.
Credit card debt is a current liability since it will have to be discharged within the credit period of 45 days or a normal business cycle which is short term liability.
After the normal credit periods if the payment is still due, one may have to record the Interest payment being fully payable along with the principal due on the current liability.
Part C
Advantages of selling the home instead of hiring a realtor:
Biggest pro being that it helps save the precious dollars in form of Realtor’s cut/commission.
It helps the seller to stay in control in form of negotiating the price, when to put on sale or when to remove the display.
Being seller, you have comprehensive and direct knowledge of the property so that you can answer any queries and satisfy the buyer to heart’s contention.
Disadvantage:
Selling the house is big and emotional decision for some buyer, hence some buyer might overprice or under-price as well refuse to counter an offer in the desperation to sell
Selling a house is a full-time job and requires lot of knowledge of the real estate market in the neighbours as well requires completing lot of formalities which can be handled better by realtors.
Buyers only have limited reach in terms of selling by word or registering online, whereas the realtors have a large access network due to their being in the business or better reach amongst prospective customers.
ASSIGNMENT 08:
Part A:
Steps to take to evaluate and choose health care insurance options:
First of all, we should determine the purpose and objective of the health care plan meaning what it should cover like an accidental or plain vanilla plan. This means researching what kind of plans are available in the market, the premiums it offers, or whether the employer offers the health plan.
Next is deciding whether we should buy a family comprehensive plan including elderly/senior citizens of the family or cover some members by comparing the premiums rate across the various insurance companies. What benefits does this plant offer against the others and what is its success rate including the field network, and any grievances raised by other buyers against them? Also,

ASSIGNMENT 04 C07J Personal Finance Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete...

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