Cash flow family formulae Flashcards
1
Q
Total Inflows/ Total Income
A
All inflows/ income added together for that month
2
Q
Total Outflows/ Total Expenditure
A
all outflows/ expenditure added together for that month
3
Q
Net Cash Flow
A
total inflows/income – total outflows/expenditure
4
Q
Opening Balance
A
last months closing balance
5
Q
Closing Balance
A
opening balance + net cash flow
