This month Joshua has $2000 income from his job and $100 interest income.His expenses are rent $500,food and entertainment $400 and car expenses $600.He has $40 000 held in bonds and a car loan of $10 000.What is his cash flow this month?
A)$600
B)$500
C)-$9400
D)$30 600

Question

Quizplus · Accepted Answer

Joshua's cash flow for the month is calculated by subtracting his total expenses from his total income. His total income is $2000 (job) + $100 (interest) = $2100. His total expenses are $500 (rent) + $400 (food and entertainment) + $600 (car expenses) = $1500. Therefore, his cash flow for the month is $2100 - $1500 = $600.

This Month Joshua Has $2000 Income from His Job and $100