BUS 311 Lecture 15: Revision 1 Cash Flow Task
Document Summary
Cash flow chelsea has a plumbing business in barnstaple and has the following annual figures for you. Net cash flow = 48,000 - 42,000 = 6,000. Closing bank balance = 24,000 + 6000 = 18,000 30,000 (should be) Study chelsea"s business calculations and then work out what would happen if the outflow figure was 52,000 and all the other figures remained the same. Task 2 impact of timings of inflows and outflows of cash. The speed at which money comes into a business can be critical. If you are late paying your bills it could impact on future supplies. Consider the following businesses and describe what effect it would have on inflow (money coming in) and outflow (money going out) Peter jones runs a computer repair business and always asks for cash. However, any computer supplies are given to him with 30 days to pay. John smith is a local producer of sandwiches and supplies tesco.
