A company has the following budgeted cash flow amounts for coming periods: - Amount Month Net Changes: Inflows/Outflows
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A company has the following budgeted cash flow amounts for coming periods: - Amount Month Net Changes: Inflows/Outflows
company has the following budgeted cash flow amounts for coming periods: - Amount Month Net Changes: Inflows/Outflows June 20X1 Inflows July 20X1 Outflows August 20X1 Outflows September 20X1 Inflows £150,000 £100,000 £160,000 £150,000 October 20X1 Outflows £80,000 If the company starts on 1 July 20X1 with a positive bank balance of £220,000, how much will be the closing bank balance on 31 October 20X12 Select one: O a £190,000 (overdrawn) bank balance Ob £30,000 (positive) bank balance Oc£40,000 (overdrawn) bank balance Od £180,000 (positive) bank balance
A