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Consider the scenarios below. Which of the four cash flow rules, if any, apply? Sold $1,000 Air Jordans Lent a friend $100 Borrowed $20 from
Consider the scenarios below. Which of the four cash flow rules, if any, apply?
- Sold $1,000 Air Jordans
- Lent a friend $100
- Borrowed $20 from a friend
- Deposited a $1,400 paycheck
- Purchased $100 groceries with cash
- Purchased $300 scooter with a credit card
- Told the friend you had lent $100 Dont worry about it
- Worked 8 hours at $30/hour. Payday is next week.
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