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Finance: Developing a Personal Balance Sheet

May 17, 2023

1.Read the Module 2 Case Background information. Be sure to follow the links as described in the text, because you will need that information to complete #3 below.

2.First read, take notes, and study the eight sections in the Web site accessed through the Module 2 Case Resources link titled The Complete Guide To Calculating Your Net Worth Pay special attention to the Important Terms section, which is section two in the same Web site. A. Be sure to notice the menu just to the left of the picture. There are eight links in this menu, and you will need to read and take notes on all eight sections so you can use the information from all eight to answer the items below.

3.Write a five- to six-page paper (including your title page) on the important aspects of a Personal Balance Sheet, including how you can determine your balance sheet health. You must include in-text citations and an APA references section. Your topics must include labeled sections for:

•An Introduction to Balance Sheets

•Important Terms

•Why Net Worth is Important

•Making Accurate Estimates

•Calculating Your Net Worth

•What Your Net Worth Means

•Building Your Net Worth

•Conclusion

•Complete the five- to six-page essay (including a cover page) using 12 pt. Times New Roman font, and one-inch margins throughout the entire document. •Please start your assignment with a cover page. Your cover page must be a separate page that includes your name, the name of the course, the name of the assignment, and the date – all in 12 pt. Times New Roman font. Do not use a cover page template. •APA formatted in-text citations and an APA-formatted References list are required.

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