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To stay in business, a firm that has periods of cash shortages and cash surpluses should plan to __________ its cash flow.
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
What type of money is recorded in the cash receipts column of a cash flow statement?
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
What is the last day of classes before Thanksgiving break?
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
A florist expects monthly cash sales to be $5,300 and interest income to be $200. Total cost of goods will be $1,750, fixed expenses will be $2,150, and variable expenses will be $1,975. Calculate the cash flow.
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
What do many businesses do with the money they have accumulated as a result of periods of positive cash flow?
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
A business had $8,250 in total cash available at the beginning of the month and paid out $4,125 in cost of goods, $950 in variable expenses, and $2,570 in fixed expenses. What is the ending cash balance?
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
What do businesses often need to do to continue operating if they experience negative cash flow?
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
A business's cash flow statement for one month indicates cash sales of $10,250, credit sales of $3,750, loans received of $525, and fixed expenses of $2,800. Calculate the total cash re-ceipts.
Borrow funds
-$375
Collected
$10,775
Reinvest in the business
$605
Tuesday, 11/22
monitor
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