Bob's monthly net income is $3,000. Bob pays $950 for rent, $250 for all
1 answer:
Answer:
A: Negative cash flow, $50
Step-by-step explanation:
Bob makes $3000 a month.
Every month he has to pay $950:
3000 - 950 = 2050
Pay an additional $250:
2050 - 250 = 1800
And another additional $1850:
1800 - 1850 = -50
Therefore, he has a negative cash flow of $50 a month.
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