It is typical for Jane to plan, monitor, and assess her
financial position using cash flows over a given period, typically a
month. Jane has a savings account and
her bank loans money at 6 %6% per year while it offers short-term investment
rates of 5 %5%. Jane's cash flows during August were as follows: a. Determine
Jane's total cash inflows and cash outflows.
b. Determine the net cash flow for the month of August.
c. If there is a shortage, what are a few options open to
Jane?
d. If there is a surplus, what would be a prudent strategy
for her to follow?
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