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A. Cash flows it is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account, and her bank loans money at 6% per year while it offers short-term investment rates of 5%. Jane’s cash flows during August were as follows: 10 points Item Cash inflows Cash outflows Clothes ₱ 1,000 Interest received ₱ 450 Dining out 500 Groceries 800 Salary 4,500

A. Cash flows it is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account, and her bank loans money at 6% per year while it offers short-term investment rates of 5%. Jane’s cash flows during August were as follows: 10 points Item Cash inflows Cash outflows Clothes ₱ 1,000 Interest received ₱ 450 Dining out 500 Groceries 800 Salary 4,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A. Cash flows it is typical for Jane to plan, monitor, and assess her financial position using cash flows
over a given period, typically a month. Jane has a savings account, and her bank loans money at 6%
per year while it offers short-term investment rates of 5%. Jane’s cash flows during August were as
follows: 10 points

Item Cash inflows Cash outflows
Clothes ₱ 1,000
Interest received ₱ 450
Dining out 500
Groceries 800
Salary 4,500
Auto payment 355
Utilities 280
Mortgage 1,200
Gas 222

a. Determines Jane’ total cash inflows and outflows.
b. Determine the net cash flow for the month of August.
c. If there is a shortage, what are the few options open to Jane?
d. If there is a surplus, what would be a prudent strategy for her to follow?

81 bot-commands f (1) Facebook My Questions | bartleby A ACTG 18 HRDM 3-2 A classroom.google.com/u/6/c/NDA2OTI4ODA4NDAW New Tab YouTube ® Speedtest by Ookla. Messenger | Facebo.. 8 50 Best Filipino (OP.. Actg 18 Financial Management (exam).docx Open with Google Docs Test 2. Solve a problems HRDM3 A. Cash flows it is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account, and her bank loans money at 6% per year while it offers short-term investment rates of 5%. Jane's cash flows during August were as follows: 10 points Upcoming Item Cash inflows Cash outflows Woohoo, no w Clothes P1,000 Interest received 450 Dining out 500 Groceries 800 Salary 4,500 Auto payment 355 Utilities 280 Mortgage 1,200 Gas 222 a. Determines Jane' total cash inflows and outflows. b. Determine the net cash flow for the month of August 3 I 4 + Page c. If there is a shortage, what are the few options open to Jane? 11:54 pm ENG 16/10/2021 ... +
Transcribed Image Text:81 bot-commands f (1) Facebook My Questions | bartleby A ACTG 18 HRDM 3-2 A classroom.google.com/u/6/c/NDA2OTI4ODA4NDAW New Tab YouTube ® Speedtest by Ookla. Messenger | Facebo.. 8 50 Best Filipino (OP.. Actg 18 Financial Management (exam).docx Open with Google Docs Test 2. Solve a problems HRDM3 A. Cash flows it is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account, and her bank loans money at 6% per year while it offers short-term investment rates of 5%. Jane's cash flows during August were as follows: 10 points Upcoming Item Cash inflows Cash outflows Woohoo, no w Clothes P1,000 Interest received 450 Dining out 500 Groceries 800 Salary 4,500 Auto payment 355 Utilities 280 Mortgage 1,200 Gas 222 a. Determines Jane' total cash inflows and outflows. b. Determine the net cash flow for the month of August 3 I 4 + Page c. If there is a shortage, what are the few options open to Jane? 11:54 pm ENG 16/10/2021 ... +
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