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 month’s closing balance
5
Q
Closing balance
A
Opening balance + Net cash flow
