Business, 18.02.2020 23:13 Pbaer3087

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 %6% per year while it offers short-term investment rates of 5 %5%. Jane's cash flows during August were as follows:
a. Determine Jane's total cash inflows and cash outflows.
b. Determine the net cash flow for the month of August.
c. If there is a shortage, what are a few options open toJane?
d. If there is a surplus, what would be a prudent strategy for her to follow?

Item Cash inflow Cash outflow

Clothes $1,100

Interest received $430

Dining out $460

Groceries $810

Salary $4,600

Auto payment $342

Utilities $290

Mortgage $1,130

Gas $208

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 22:50

What happens when a bank is required to hold more money in reserve?

Answers: 3

Answer

Business, 22.06.2019 11:50

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.

Answers: 2

Answer

Business, 22.06.2019 17:00

Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?

Answers: 3

Answer

Business, 22.06.2019 20:30

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.

Answers: 3

Answer

You know the right answer?

It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a g...

Questions