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Author Question: Lucky Louie has the following cash inflows and outflows: $500 rent, $200 car payment, $100 car ... (Read 425 times)

nummyann

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Lucky Louie has the following cash inflows and outflows: $500 rent, $200 car payment, $100 car repair, $100 discretionary purchases, $300 food, $150 electric bill, $3,500 monthly salary after deductions for tax, etc., $200 cell phone, $400 repayment of loan to dad, and $500 planned spending on weekend fun. What is Lucky's net cash flow?


◦ $1,050
◦ $200
◦ $1,150
◦ Not enough information regarding paycheck


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Marked as best answer by nummyann on Apr 12, 2019

deja

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