Judy has cash inflows of $3,000 for the month of June. Her expenses or cash outflows were $4,000. What is her net cash flow? List two options for Judy to meet her financial obligations in June
What is the effect (increase or decrease) of these options on her assets and liabilities?
What will be an ideal response?
Answer: Net cash flow is a negative $1,000. Her options include taking money out of her investments (asset reduction) or borrowing money (increase liabilities).
Business
You might also like to view...
The MD&A section of the CAFR is considered _______ information.
Fill in the blank(s) with the appropriate word(s).
Business
The level of relationship marketing that is least likely to be effective in the long term because its advantage is easily imitated by other firms is based on which of the following?
a. pricing incentives b. structural bonds c. personal communications d. service delivery heuristics
Business