. 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: 10 points Item C
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A. 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: 10 points
Item
Clothes ₱ 1,000
Interest received ₱ 450
Dining out 500
Groceries 800
Salary 4,500
Auto payment 355
Utilities 280
Mortgage 1,200
Gas 222
a. Determines Jane’ total cash inflows and outflows.
b. Determine the net cash flow for the month of August.
c. If there is a shortage, what are the few options open to Jane?
d. If there is a surplus, what would be a prudent strategy for her to follow?
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