Question

Jeff has a $2,000 salary and a $100 dividend income this month. This month Jeff has rent and utilities of $800 and he spent $350 on groceries and $100 on clothing. What is his net cash flow this month?

Answer 1

Answer:

Net cash flow is $850

Explanation:

Net cash flow =Monthly Cash inflows  - Monthly Cash outflows

                       = Salary + Dividend Income - expenses

                       = $2,000 + $100 - $800 - $350 - $100

                       = $850

Therefore, Jeff's net cash flow for this month is $850.