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Cash flows It is typical for Jane to? plan, monitor, and assess her financial position using cash flows over a given? period, typically a month. Jane has a savings account and her bank loans money at 6% per year while it offers? short-term investment rates of 5 %. ? Jane's cash flows during August were as? follows
Item Cash inflow Cash outflow
Clothes 1,200
Interest recieved $430
Dinning Out $510
Groceries $ 760
Salary $4,500
Auto Payment $354
Utilities $270
Mortgage $1,290
Gas $ 223
a. Determine? Jane's total cash inflows and cash outflows.
b. Determine the net cash flow for the month of August.
c. If there is a? shortage, what are a few options open to? Jane?
d. If there is a? surplus, what would be a prudent strategy for her to? follow?
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