You friend wants you to look over their finances. 4 weeks equals 1 month. What is the monthly cash flow? Income : $100 week babysitting $3000 twice a year from scholarships $ 237 a month tutoring Expenses : $4200 twice a year for tutition and fees $ 575 month for apartment $ 100 week for food $ 110 week on entertainment

You friend wants you to look over their finances. 4 weeks equals 1 month. What is the monthly cash flow? Income : $100 week babysitting $3000 twice a year from scholarships $ 237 a month tutoring Expenses : $4200 twice a year for tutition and fees $ 575 month for apartment $ 100 week for food $ 110 week on entertainment

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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Question

You friend wants you to look over their finances. 4 weeks equals 1 month. What is the monthly cash flow?

Income :

$100 week babysitting

$3000 twice a year from scholarships

$ 237 a month tutoring

Expenses :

$4200 twice a year for tutition and fees

$ 575 month for apartment

$ 100 week for food

$ 110 week on entertainment

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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