Formulae - cash flow family 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