I dont know who you are but good luck and enjoy:)
Looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
<h3>What is a
cash inflow?</h3>
A cash inflow can be defined as an amount of money that flows into a business firm.
<h3>What is a statement of cash flows?</h3>
A statement of cash flows is also referred to as cash flow statement and it can be defined as a financial statement which illustrate how changes in income and various account of the balance sheet affect cash and other cash equivalents.
As a general rule in business management, looking at cash flow an important step in a good financial plan due to the following reasons:
- To determine areas in business that needs scaling back on spending.
- To monitor the amount of money being received.
Read more on cash flows here: brainly.com/question/24299919
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The time that Carlene would have to wait to buy the desk is 4 years.
<h3>How long would it take before Carlene can afford to buy the desk?</h3>
When an amount of money is compounded, it means that both the amount that was invested and the interest accrued earn interest.
The formula that can be used to determine the time is
N = log(FV / PV) / log(e) / interest rate
log(500 / 400) / log(e) / 0.06 = 3.71 years = 4 years
To learn more about how to determine time, please check: brainly.com/question/25760893
Answer:
Archaeologist
Explanation:
They would be known as an archaeologist