svandewalle
10.01.2020 •
Business
Explain and give an example of how financial planning and career planning are related.
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Ответ:
EXPLAINED below.
Explanation:
Formulating a particular financial plan can support thou intend your large-term aims and likewise give thou a buffer to administer amidst small-term obstacles or opportunities. Long-term financial preparation includes preserving for concealment, acquiring the best fitness concern moreover life assurance products, gathering for a house also spending additional money. Constructing an contingency capital or funding in methods that produce thou amidst the most maximum liquidity to satisfy short-term capital requirements can accommodate you make career decisions with less stress and career planning means a effective policy that enables you to manage your abilities and interests, set career aims, and put efforts in position that will assist you attain them. So financial planning and career planning are things that are correlated with each other.
For example, the financial industry and proposed clients hold the Certified Financial Planner (CFP) specification in great concern.
Ответ:
The excess cash balance available over disbursements for the month would be $29000
Explanation:
Calculation of the cash available over the distribution for the month is as follows:
Particulars Amount
(In dollars)
begining cash balance 15000
Cash receipts 82000
Total cash 97000
Less: cash disbursements 68000
Excess cash available 29000
therefore, the excess cash available is $29000
Even though the company wants a balance of cash at the ending to be $15000, there is excess of cash balance than that. Even after deducting the cash disbursements, a company has a surplus amount of cash in its account to be shown in the books of accounts.