ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

FINANCIAL PLANNING AND ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Savings should be included in your list of cash inflows when creating the personal cash flow statement.
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Savings should be included in your list of cash inflows when creating the personal cash flow statement. The amount owed on your credit card is an example of a liability. A personal net worth statement shows a person’s cash inflows and cash outflows for a period of time.

Detailed explanation-2: -Cash inflows from financing activities include proceeds from a company’s issuance of its own stock or bonds, borrowings under loans, and so forth. Cash outflows for financing activities include repayments of amounts borrowed, acquisitions of treasury stock, and dividend distributions.

Detailed explanation-3: -Cash Inflow Includes: Proceeds from sales of goods or services. Returns on investments. Financial activities. Interest built over time periods.

There is 1 question to complete.