Question

Remaining Time: 1 hour, 08 minutes, 27 seconds. Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 Question 4 For a company that uses a year as its interest period, determine the net cash flow that will be recorded at the end of the year from the cash flows she Receipts, $1000 Month 500 800 200 Disbursements, $1000 300 500 400 400 500 600 120 600 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec SO 900 800 700 900 500 400 1800 500 400 400 700

Answer 1

Net cash flow for the year = sum of receipts - sum of disbursements

Net cash flow for the year = (500+800+200+120+600+900+800+700+900+500+400 + 1800) - (300+500+400+400+500+ 600+300+ 300 +500+ 400+ 400 +700)

Net cash flow for the year = $2920 (,000)

So, the net cash flow will be positive at the end of year.