The Anderson family wants to look at their cash flow over a year. They decide to write out their cash flow for 4 months as given in the spreadsheet below. In which of the months did they have the greatest net cash flow? A 5-column spreadsheet showing cash inflows and outflows over a year. Total cash inflow: January, 2,760 dollars; April, 3,060 dollars; August, 2,760 dollars; December, 2,900 dollars. Total cash outflow: January, 2,435 dollars; April, 2,675 dollars; August, 2,670 dollars; December, 3,000 dollars. a. January b. April c. August d. December

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Answer:

It is B. April

Step-by-step explanation:

The Anderson family greatest cash flow for the year is April

How to find greatest cash flow

Total cash inflow:

  • January, 2,760 dollars
  • April, 3,060 dollars
  • August, 2,760 dollars
  • December, 2,900 dollars

Total cash outflow:

  • January, 2,435 dollars
  • April, 2,675 dollars
  • August, 2,670 dollars
  • December, 3,000 dollars

Cash flow:

January = 2,760 dollars - 2,435 dollars

= $325

April = 3,060 dollars - 2,675 dollars

= $385

August = 2,760 dollars - 2,670 dollars

= $90

December = 2,900 dollars - 3,000 dollars

= $ -100

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