Register
Jeff has a $2,000 salary and a $100 dividend income this month. This month Jeff has rent and utilities of $800 and he spent $350 on groceries and $100 on clothing. What is his net cash flow this month?
228k views
1 vote
Jeff has a $2,000 salary and a $100 dividend income this month. This month Jeff has rent and utilities of $800 and he spent $350 on groceries and $100 on clothing. What is his net cash flow this month?

User Tadej Vengust
by
5.2k points

1 Answer

3 votes

Answer:

Net cash flow is $850

Step-by-step explanation:

Net cash flow =Monthly Cash inflows - Monthly Cash outflows

= Salary + Dividend Income - expenses

= $2,000 + $100 - $800 - $350 - $100

= $850

Therefore, Jeff's net cash flow for this month is $850.

User Dasser Basyouni
by
5.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.9m questions

7.7m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
Demonstrate how binomial nomenclature is related to classification systems by identifying the genus name and the specific name of the domestic cat felis catus
The dark printed words on the page of a book are easily read because they are printed on a light ground. this is an example of the principle of ____________.
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
Link Copied!