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: LOADING...
. (Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet.)
Item Cash inflow Cash outflow
Interest received $450
Dining out $500
Auto payment $355
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 to Jane?
d. If there is a surplus, what would be a prudent strategy for her to follow?
a. Jane's total cash inflows are $
. (Round to the nearest dollar.)
a. Jane's total cash inflows and cash outflows will be : Total Outflows.................$4357 Total... View the full answer