Cashflow Flashcards
1
Q
What is the formula for net cash flow?
A
Total cash inflow - total cash outflow
2
Q
What does the closing balance equal?
A
Opening balance + net cash flow
3
Q
True or False: The closing balance is the sum of the opening balance and net cash flow.
A
True
4
Q
What are the components used to determine net cash flow?
A
- Total cash inflow
- Total cash outflow
