Cash Flows and Cash Flow Forecasting Definitions, formulae and sign conventions Flashcards
1
Q
Net receipts/ (payments) =
A
receipts - payments
2
Q
[Receipts - payments] + opening cash/ (overdraft) =
A
closing cash/ (overdraft)
3
Q
Net receipts/(payments) + Opening cash/(overdraft) =
A
Closing cash/(overdraft)
4
Q
NET
A
means after making deductions, or before adding things on
5
Q
GROSS
A
means before deductions
