At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
To determine which spreadsheet shows the financial plan with the greatest net cash flow, let's analyze the given spreadsheet:
\begin{tabular}{|c|c|c|}
\hline 4 & A & B \\
\hline 1 & Cash Inflows & \\
\hline 2 & Disposable income & [tex]$\$[/tex] 2,350[tex]$ \\ \hline 3 & Interest on deposits & $[/tex]\[tex]$ 0$[/tex] \\
\hline 4 & Income from investments & [tex]$\$[/tex] 0[tex]$ \\ \hline 5 & Total Cash Inflow & $[/tex]\[tex]$ 2,350$[/tex] \\
\hline 6 & & \\
\hline 7 & Cash outflows & \\
\hline 8 & Rent & [tex]$\$[/tex] 800[tex]$ \\ \hline 9 & Utilities & $[/tex]\[tex]$ 235$[/tex] \\
\hline 10 & Cable and telephone & [tex]$\$[/tex] 125[tex]$ \\ \hline 11 & Groceries & $[/tex]\[tex]$ 400$[/tex] \\
\hline 12 & Car expenses & [tex]$\$[/tex] 320[tex]$ \\ \hline 13 & Recreation & $[/tex]\[tex]$ 175$[/tex] \\
\hline 14 & Insurance & [tex]$\$[/tex] 200[tex]$ \\ \hline 15 & Miscellaneous & $[/tex]\[tex]$ 80$[/tex] \\
\hline
\end{tabular}
### Step-by-Step Solution
1. Cash Inflows:
- Total Cash Inflow = \[tex]$2,350 2. Cash Outflows: - Rent: \$[/tex]800
- Utilities: \[tex]$235 - Cable and telephone: \$[/tex]125
- Groceries: \[tex]$400 - Car expenses: \$[/tex]320
- Recreation: \[tex]$175 - Insurance: \$[/tex]200
- Miscellaneous: \[tex]$80 3. Sum of Cash Outflows: - Total Cash Outflow = \$[/tex]800 + \[tex]$235 + \$[/tex]125 + \[tex]$400 + \$[/tex]320 + \[tex]$175 + \$[/tex]200 + \[tex]$80 = \$[/tex]2,335
4. Net Cash Flow Calculation:
- Net Cash Flow = Total Cash Inflow - Total Cash Outflow
- Net Cash Flow = \[tex]$2,350 - \$[/tex]2,335 = \[tex]$15 Thus, the net cash flow for this financial plan is \$[/tex]15. To decide which spreadsheet has the greatest net cash flow, a comparison would be made among all available spreadsheets by calculating the net cash flow for each one.
Given this particular spreadsheet, the net cash flow is found to be \$15.
\begin{tabular}{|c|c|c|}
\hline 4 & A & B \\
\hline 1 & Cash Inflows & \\
\hline 2 & Disposable income & [tex]$\$[/tex] 2,350[tex]$ \\ \hline 3 & Interest on deposits & $[/tex]\[tex]$ 0$[/tex] \\
\hline 4 & Income from investments & [tex]$\$[/tex] 0[tex]$ \\ \hline 5 & Total Cash Inflow & $[/tex]\[tex]$ 2,350$[/tex] \\
\hline 6 & & \\
\hline 7 & Cash outflows & \\
\hline 8 & Rent & [tex]$\$[/tex] 800[tex]$ \\ \hline 9 & Utilities & $[/tex]\[tex]$ 235$[/tex] \\
\hline 10 & Cable and telephone & [tex]$\$[/tex] 125[tex]$ \\ \hline 11 & Groceries & $[/tex]\[tex]$ 400$[/tex] \\
\hline 12 & Car expenses & [tex]$\$[/tex] 320[tex]$ \\ \hline 13 & Recreation & $[/tex]\[tex]$ 175$[/tex] \\
\hline 14 & Insurance & [tex]$\$[/tex] 200[tex]$ \\ \hline 15 & Miscellaneous & $[/tex]\[tex]$ 80$[/tex] \\
\hline
\end{tabular}
### Step-by-Step Solution
1. Cash Inflows:
- Total Cash Inflow = \[tex]$2,350 2. Cash Outflows: - Rent: \$[/tex]800
- Utilities: \[tex]$235 - Cable and telephone: \$[/tex]125
- Groceries: \[tex]$400 - Car expenses: \$[/tex]320
- Recreation: \[tex]$175 - Insurance: \$[/tex]200
- Miscellaneous: \[tex]$80 3. Sum of Cash Outflows: - Total Cash Outflow = \$[/tex]800 + \[tex]$235 + \$[/tex]125 + \[tex]$400 + \$[/tex]320 + \[tex]$175 + \$[/tex]200 + \[tex]$80 = \$[/tex]2,335
4. Net Cash Flow Calculation:
- Net Cash Flow = Total Cash Inflow - Total Cash Outflow
- Net Cash Flow = \[tex]$2,350 - \$[/tex]2,335 = \[tex]$15 Thus, the net cash flow for this financial plan is \$[/tex]15. To decide which spreadsheet has the greatest net cash flow, a comparison would be made among all available spreadsheets by calculating the net cash flow for each one.
Given this particular spreadsheet, the net cash flow is found to be \$15.
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.