Project description
ASSIGNMENT 04
Directions: Sources must be cited in APA format. Your response should be four (4) double-spaced pages.
Format Requirements
Use the following format requirements on all submissions.
Writing Style APA (American Psychological Association)
Note: To find detailed information on APA manuscript style guidelines on the Internet, go to www.apastyle.org.
Margins 1 all sides
Paragraph The entire document should be double-spaced on standard-sized paper (8.5″ x 11″)
Headings Bold
Type Style and Size Times New Roman, 12 point
Software MS Word
Student/Assignment Information
The following information should be on the first page on the top left side of the page in the format provided below. Do not provide a cover sheet.
Student Name
Student Identification Number
Course Number and Title
Assignment Number and Title
Date of Submission
Part A:1.Allison expects her monthly cash inflow after taxes to be $3000. She also has the following monthly expenses: Rent, $750; student loan payment, $200; utilities, $150; food, $300; recreation, $600; car expenses, $200; clothing, $150. What is Allison’s net cash flow for the current month?
2.Judy has cash inflows of $3,000 for the month of June. Her expenses or cash outflows were $4,000. List two (2) options for Judy to meet her financial obligations in June and indicate the effect (increase or decrease) of these options on her assets and liabilities.
Part B:Describe how credit cards affect the following.
1.Your personal budget
2.Your income statement
3.Your balance sheet
Part C:Describe at least two (2) advantages and two (2) disadvantages of selling your home yourself instead of hiring a realtor.
Grading Rubric
Please refer to the rubric on the following page for the grading criteria for this assignment.
CATEGORYExemplarySatisfactoryUnsatisfactoryUnacceptable
Part A: Net cash flow (10 points)10 points 0 points N/AN/A
Student provides the correct net cash flow.Student provides the incorrect net cash flow.N/AN/A
Part A: Options & effect (15 points)15 points 12 points 8 points 5 points
Student provides 2 clear, logical options for Judy to meet her financial obligations, along with the effect of these options on her assets and liabilities.Student provides 1-2 mostly clear, logical options for Judy to meet her financial obligations, along with the effect of these options on her assets and liabilities.Student provides 1-2 weak or unclear options for Judy to meet her financial obligations, along with the effect of 1-2 of these options on her assets and liabilities.Student provides 1 poor options for Judy to meet her financial obligations, along with the effect of 0-1 of these options on her assets and liabilities.
Part B: Credit cards (20 points)20 points 15 points 10 points 5 points
Student provides a clear, logical description of how credit cards affect each of the following: your personal budget, your income statement, your balance sheet. Student provides a mostly clear, logical description of how credit cards affect 2-3 of the following: your personal budget, your income statement, your balance sheet.
Student provides a weak or unclear description of how credit cards affect 1-2 of the following: your personal budget, your income statement, your balance sheet. Student provides a poor description of how credit cards affect 1 of the following: your personal budget, your income statement, your balance sheet.
Part C: Selling your home – advantages (15 points)15 points 12 points 8 points 5 points
Student provides at least 2 clear, logical advantages of selling your home yourself instead of hiring a realtor.Student provides 1-2 mostly clear, logical advantages of selling your home yourself instead of hiring a realtor.Student provides 1-2 weak or unclear advantages of selling your home yourself instead of hiring a realtor.Student provides 1 poor advantage of selling your home yourself instead of hiring a realtor.
Part C: Selling your home – disadvantages (15 points)15 points 12 points 8 points 5 points
Student provides at least 2 clear, logical disadvantages of selling your home yourself instead of hiring a realtor.Student provides 1-2 mostly clear, logical disadvantages of selling your home yourself instead of hiring a realtor.Student provides 1-2 weak or unclear disadvantages of selling your home yourself instead of hiring a realtor.Student provides 1 poor disadvantage of selling your home yourself instead of hiring a realtor.
Mechanics (15 Points)15 points 12 points 8 points 5 points
Student makes no errors in grammar or spelling that distract the reader from the content.Student makes 1-2 errors in grammar or spelling that distract the reader from the content.Student makes 3-4 errors in grammar or spelling that distract the reader from the content.Student makes more than 4 errors in grammar or spelling that distract the reader from the content.
Format (10 Points)10 points 8 points 5 points 2 points
The paper is written in proper format. All sources used for quotes and facts are credible and cited correctly.The paper is written in proper format with only 1-2 errors. All sources used for quotes and facts are credible and most are cited correctly.The paper is written in proper format with only 3-5 errors. Most sources used for quotes and facts are credible and cited correctly.The paper is not written in proper format. Many sources used for quotes and facts are less than credible (suspect) and/or are not cited correctly.
