Cash Flow Statement
antb32
cash_flows_example.docx1. Cash Flows From Working It may surprise you that there are cash flows associated with holding a job. Using the examples provided in Chapter 6, construct a simple cash flow statement and payback calculation for when your job expenses will be covered for employment you currently have or have had in the past. Include in your cash flow statement:
· Expenses associated with working
· Any initial investments
· Taxes
This is what someone submitted. It needs to be yearly, though see below
Income Monthly
Salary $3,104.00
Total Gross Income $3,104.00
Total taxable Income $3,104.00
Expenses Monthly
Rent $535.00
Utilities $430.00
Gas $240.00
Groceries $250.00
Insurance $128.00
Car Payment $482.00
Taxes ( 24%) $744.96
Total Expenses $2,809.96
Net Income $294.04
Cash Flow $294.04
Class,
You stopped too short.
1- Convert that to a yearly budget for 5 years
2- Add a savings account
3- Calculate the pay back using the new net cash flows.
