please use your imagination im studing international business if that helps.
Part II (from “Your Financial Condition” to “Taxes”) Your Financial Condition Briefly analyze your present financial condition, and put together your Financials including your personal Income Statement, Balance Sheet, and Net worth Personal Income Statement My Monthly Income (A) 2400 My Monthly Expenses (B) 1509 My Monthly Net Income / Deficit (A-B) 891 Personal Balance Sheet as of today My Assets (C) My Liability (D) My Net Worth (C-D) How do you see your future in general? In detail, explain your plan for your financial future How do you plan to structure your life to reach your goals? Explain how you plan to build wealth and give an example. Budgeting and recordkeeping Discuss how well you are presently budgeting and recordkeeping Discuss your plans for future budgeting and recordkeeping Time value of money What tools do you feel you need to know? How do you plan to use them? How can you build models of your life since you do not know the future? Taxes Explain the basics of U.S. Federal taxation Ordinary Income Capital gains Marginal rates Why is a knowledge of taxes so important? How do you think taxation in the future will change, considering the recent bailouts, the economic damage to our economy, and possible new bailouts due to the plague?