Construct a cash flow statement for yvonne smith

Assignment Help Accounting Basics
Reference no: EM132628498

Question - You are a new financial planner and have been given a client Yvonne Smith to assist. You have collected the following information from Yvonne for the year ending 30/6/2020:

Bank interest received $12

Car fuel & maintenance $3,500

Health insurance $2,400

Car loan $21,000

Car depreciation $2,600

Yvonne's salary after tax $85,000

Rent $35,800

Food $16,000

Electricity $1,200

Clothes $2,200

Travel $21,000

Required - Use the information above to construct a "cash flow statement" for Yvonne Smith.

Reference no: EM132628498

Questions Cloud

What is the value of studying the humanities : What is the value of studying the humanities in the field of health professions?
Recorded intake of protein-carbohydrates and lipids : Which foods in your recorded daily intake provide protein? Which provide carbohydrates? Which provide lipids?
Discussions on the unit on human nature and virtue ethics : Based on your readings, lecture and class discussions on the unit on Human Nature and Virtue Ethics, what is the difference between a virtue and a vice?
What type of business entity is formed : What type of business entity is formed when the owners desire to have thousands of owners, raise capital through the sale of stock
Construct a cash flow statement for yvonne smith : You are a new financial planner and have been given a client Yvonne Smith to assist. Construct a cash flow statement for Yvonne Smith
What type of business entity has only one owner : What type of business entity has only one owner, and is not distinguishable between the owner and the business entity? Explain in detail.
What is the christian view of the nature of human persons : What is the Christian view of the nature of human persons, and which theory of moral status is it compatible with?
Illustrate the cause-and-effect relationship in the balanced : Illustrate the concept of focused differentiation and examine this concept in the context of Cirque de Soleil and critically examine the role of the Board
What approaches should we take in responding to work of art : What approaches should we take in responding to a work of art? Select an example of a art that fits the definition of art and provide an example of non-art.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd