Cash Flow

What is cash flow?

• The Route of Funds

• Money that comes and goes

• Money that goes from business to business

Why is the cash flow important?

• To know the available cash you have

• To know if the business/individual is being efficient with its cash

• To avoid negative balances

• All are correct

What is Income?

• Money that goes

• Money that flow

• Money that you bring in

What are the 3 types of Income?

• Earned

• Passive

• Regressive

• Portfolio

What is an Asset?

• debts you owe

• anything you borrow

• anything you own that has value

Which of the following is considered an asset?

• credit card debt
• savings
• car payoff
• student loan

Property owned by a person or company, regarded as having value is an __________

• asset

• liability

• net worth

• pizza

What is a Liability ?

• anything you own that has value

• debts you owe

• something you borrow

Bills and Loans are examples of ________?

• Assets

• Liabilities

• Net worth

• Pickles

Which are examples of expenses?

• Rent/Mortgage

• Car Insurance

• Credit Card debt

• Savings account