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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.
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: 5. (Clic the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet.) 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? - X Data table Cash inflow Cash outflow $1,200 $430 $470 $790 Item Clothes Interest received Dining out Groceries Salary Auto payment Utilities Mortgage Gas $4,500 $364 $280 $1,270 $205
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