Cash flows It is typical for Jane to plan, monitor, and assess her financial position...
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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: 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? Data table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.)
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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: 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? Data table (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) 