Finance and Accounting : Personal Finance - Essay Example

Only on StudentShare

Extract of sample
Finance and Accounting : Personal Finance

1.1. Personal Details Name of Client: Joan Waterson, DOB: 01/01/1961, Age 51, Status: Single. 1.2. Value of Shares The Share Portfolio of Ms. Joan Watterson comprises of 2500 Telstra & 1000 AMP shares which she has been holding for more than a year. However, it may be noted that Ms. Watterson is not a very keen equity investor and theses investments were accidental. The Capital gain that Ms. Watterson can earn (if these shares were sold now) is equivalent to $3000. Company Numbers of Shares Share Price (as on April 27, 2012) Value of Shares Telstra 2500 3.511 8775 AMP 1000 4.252 4250 All shares were bought and have been held for over one year. The total value of shares: $13025. Telstra paid dividend worth 0.14 (both 100% franked)3 twice during last one year, which is the period Ms. Watterson was holding its 2500 shares. During the same period, AMP paid dividend worth 0.15 (30% franked) and 0.14 (50% franked)4. We can compute the franking credits for Joan Watterson as follows: Franking Credits = Dividend * (3 / 7) * Franking Percentage5 Franking credits for Telstra = $300 and Franking credits for AMP =30 + 19.28 = $49.28 Total Franking Credits = $349.28. 1.3. ...Show more

Summary

Personal Finance Table of Contents 1. Current Situation 3 2.Objectives and Goals 9 3.Analysis and Problem Identification 9 4.Strategies and Recommendations 10 Overall Recommendations 13 Overall Improvements 13 1. Current Situation An integral part of knowing what an individual would like to attain is identifying his/her current position…
Author : schultzmacey
Finance and Accounting Essay: Personal Finance essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Finance and Accounting Essay: Personal Finance"
with a personal 20% discount.
Grab the best paper

Related Essays

Finance and Accounting Essay: Global finance
According to Madura, J. (2003, p. 63) the main feature here is the automatic readjustment of a currency price to the level required in order to equal the supply and demand for the currency. In this way, it clears the market. This creates an automatic equilibrium in the balance of payments; the capital account balance offsets the current account balance.
14 pages (3500 words) Essay
Finance and Accounting Essay
It also assesses and supervises financial organizations for security and reliability. It also embarks on consumer-protection roles, and administers financial institutions in receivership. Insured institutions are required to put indicators at their business premises declaring that their deposits are supported by the full trust and credit of the U.S.
7 pages (1750 words) Essay
Personal Finance in Different Countries
Simply put, this type of finance pertains to all decisions that will be helpful for the family and individual in making investments and savings as well as good personal budget. This is categorized into life insurance, personal budget, student loans, credit card debt and retirement planning.
5 pages (1250 words) Essay
Finance and Accounting Essay
PD: the companys Preferred Stock Dividends 2. RP: the companys Expected Redemption of the Preferred Stock 3. RD: the company’s Expected Redemption of Debt 4. E: Expenditures for sustaining cash flows Dividend valuation model assuming a dividend cover of 2, a constant dividend in perpetuity and a cost of capital of 20% Triumph plc ?
8 pages (2000 words) Essay
Finance and Accounting Essay: Procter & Gamble
According to the paper the company wants to design products which will achieve maximum customer delight and conserve natural resources. It wants to win the confidence of the customers and help its leading brands to reach out different countries. It mainly wanted to focus on the core business and become strong global market leaders.
7 pages (1750 words) Essay
Finance and Accounting Essay
Secondly, the fact that the enhanced disclosure is as well not enough and finally, there is the objective of realizing an improvement in the quality and the comparability of the financial reporting. During the analysis of the lessee’s financial position, it is evident that many users tend to want to capitalize operating leases through adjustments made to the reported financial information.
4 pages (1000 words) Essay
Personal Finance Concepts Essay
Economies have become integrated, such that a financial crisis in Mexico can lead to the development of a corresponding crisis in Asia, which will have serious effects on the economy of the United States. Hence, economies have are more volatile than ever, risks are higher, and the need for security has never been more apparent.
3 pages (750 words) Essay
Finance and Accounting Essay
As put into words by Lee (1996, p32-37): The earnings that are reflected in a company's financial statements are considered to be the most important evaluator of a company's stock. The companies tend to report enhanced earnings every year so as to assure the shareholders of their performance and profitability.
4 pages (1000 words) Essay
Personal Finance Essay
It does not concern things - things are what you buy with your money. It concerns how money is acquired, stored and used (Peter Sander, p.4-5). The happy phrase "make it, spend, keep it, grow it" summarizes the major quadrants of personal finance. Personal Finance requires attention to all four aspects in balance.
8 pages (2000 words) Essay
Finance
Additional support and guidance including advice on plagiarism, referencing and the marking system can be found in Social Sciences Assessment Information. These links direct you to policies on certain matters which you need to
3 pages (750 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT