Question

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

Answer 1

Compute inflow minus outflow for each month:

- January: 2760 − 2435 = 325
- April: 3060 − 2675 = 385
- August: 2760 − 2670 = 90
- December: 2900 − 3000 = −100

Greatest net cash flow is April. Answer: b.