Allison expects her monthly cash inflow after taxes to be $3,000. She also has the following monthly expenses: Rent, $750; student loan payment, $200; utilities, $150; food, $300; recreation, $600; car expenses, $200; clothing, $150. What is Allison's net cash flow for the current month?

Question

Quizplus · Accepted Answer

Allison's total monthly expenses are $750 (rent) + $200 (student loan) + $150 (utilities) + $300 (food) + $600 (recreation) + $200 (car expenses) + $150 (clothing) = $2,350. Subtracting this from her monthly cash inflow of $3,000 gives a net cash flow of $650.

Allison Expects Her Monthly Cash Inflow After Taxes to Be