Typical conversation with a client: A client has $25,000 net income (cash basis) and the bank account has $10,000.?

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  • John
    Lv 4
    5 months ago

    $25,000 × $10,000=$250 million.

    Now, go to the magical land of "Hunky Dory" where the rules of math are different, and thrive!

  • 5 months ago

    That isn't a question and CANNOT be a meaningful statement.

    In fact, 'net income' CANNOT be determined until AFTER implementing the financial plan.

    Take home pay IS NOT net income.

  • Judy
    Lv 7
    5 months ago

    OK, is there a question hidden in there somewhere?

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