Question
Complete the cash flow section of the Comprehensive Financial Plan. Type Current Next Year Year After Salary 100,000 106,000 112,360 Investment Income 8,000 8,880 9,857
Complete the cash flow section of the Comprehensive Financial Plan.
| Type | Current | Next Year | Year After |
| Salary | 100,000 | 106,000 | 112,360 |
| Investment Income | 8,000 | 8,880 | 9,857 |
| Net Earnings | 108,000 | 114,880 | 122,217 |
| Home Related | 20,000 | 20,600 | 21,218 |
| Food | 5,000 | 5,150 | 5,305 |
| Clothing | 8,000 | 8,240 | 8,487 |
| Healthcare | 6,000 | 6,360 | 6,742 |
| Transportation | 2,000 | 2,060 | 2,122 |
| Personal | 3,000 | 3,090 | 3,183 |
| Recreation | 4,000 | 4,120 | 4,244 |
| Cars/Entertainment | 9,000 | 9,270 | 9,548 |
| Hobby | 1,000 | 1,030 | 1,061 |
| Gifts/Donations | 2,000 | 2,060 | 2,122 |
| Insurance | 6,000 | 6,180 | 6,365 |
| Taxes | 26,000 | 27,820 | 29,767 |
| Total Expenditures | 92,000 | 95,980 | 100,163 |
| Cash Flow | 16,000 | 18,900 | 22,054 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Practical Finance For Property Investment
Authors: Craig Furfine
1st Edition
036733304X, 978-0367333041
