FIN 420 Week 2 Case Study Carol Jones

Write a 500- to 750-word paper that addresses the following items from the case study:   · �    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. · �    Utilize and explain strategies that Carol can use to increase her net worth. How does this affect her cash flow? · �    Describe the sources available for asset management. · �    Compile a list of  legal protections that can be used to protect Carol’s assets. · �    Using the information provided for Carol create a balance sheet and cash flow statement. Estimate  Carol’s overall net worth.

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