Why is cash flow an important step in a good financial plan

1 answer:

4 0

Cash Flow statement or actual cash flow is basic component for any financial plan as in acrual accounting actual occurance of expense or income is different from actual payment of cash or receipt of cash in future period so unless financial planner doesn't know the actual future cash receipt and payment situation, it is not possible for him to plan accurately

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10 POINTS FOR CORRECT ANSWER PLEASE HELP

vodomira [7]

Answer:

$\sqrt{149}$

Step-by-step explanation:

6 0

3 years ago

In the year 1995, there were 1200 students at pine elementary school. In the year 2010 there were 1500 students. Find the rate o

AnnZ [28]

The rate of change from 1995 to 2010 is 20 students per year and the linear function that models the data will be: $y=20x-38700$

Explanation

In the year 1995, there were 1200 students and in the year 2010, there were 1500 students.

If $x$ represents the year and $y$ represents the number of students, then two points in form of $(x,y)$ will be: $(1995, 1200)$ and $(2010, 1500)$

So, the rate of change or slope = (change in value of y / change in value of x) $=\frac{1500-1200}{2010-1995}= \frac{300}{15}=20$

Now, plugging slope $(m)$ = 20 and first point $(x_{1}, y_{1}) =(1995,1200)$ into point slope form of linear equation $y-y_{1} =m(x-x_{1})$ , we will get.....