Asked by Dallas Thompson on May 16, 2024
Verified
A single woman uses an online cash flow calculator which reveals a cash flow of -203.What does this mean?
A) She is earning more than she is spending
B) She is spending more than she is earning.
C) She has $203 extra in her budget each month.
D) She has $203 more she can spend.
Cash Flow Calculator
A tool used to estimate the amount of cash generated and used by a business or individual in a specific time period.
Cash Flow
The total amount of money being transferred in and out of a business, especially as affecting liquidity.
- Learn to devise and evaluate forthcoming financial outlays and savings by making use of budgeting tools, notably cash flow analysis.
Verified Answer
SB
Shakibasadat BanifatemiMay 19, 2024
Final Answer :
B
Explanation :
The negative cash flow of -203 indicates that the woman is spending more than she is earning each month.
Learning Objectives
- Learn to devise and evaluate forthcoming financial outlays and savings by making use of budgeting tools, notably cash flow analysis.