LP02 Assignment Financial Analysis

Date Published: 11 December, 2017

LP02 Assignment: Financial Analysis

This assignment will assess Competency 2. Examine fundamental topics of current financial management.

Directions: For this assignment, you will analyze your own financial situation with one addition, you have inherited $1 million dollars from a long lost relative (tax free)! There is one caveat with the money, you can’t spend it on whatever you want. Use the Personal Balance Sheet and follow the bulleted items below to work through your financial obligations and opportunities that the $1 million brings.

• You MUST first take care of current responsibilities (liabilities), things like a mortgage, credit card debt, current or past bills, car ...

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