Formulae - cash flow family Flashcards

1
Q

Total inflows/Total income

A

All inflows/income added together for that month

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2
Q

Total outflows/total expenditure

A

All outflows/expenditure added together for that month

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3
Q

Net cash flow

A

Total inflows/income - total

outflows/expenditure

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4
Q

Opening balance

A

Last month’s closing balance

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