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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- JohnLv 45 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!
- STEVEN FLv 75 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.
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