A small family business seeks to study its finances as a system and so better understand...

 

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A small family business seeks to study its finances as a system and so better understand its Cash Balance. Receipts flows into the cash balance at a certain rate and expenditure flows out at another rate. Flows (S/week) Figure 1 below shows the hypothetical behaviour of receipts and expenditui e. Given this infoi mation, draw, the behaviour of the company's cash balance. Assume that the initial Cash balance at time zero is $100. 100 75 Expenditures WZ 6 8 10 Time (weaks) 50 25 240 Receipts Cash Balance } Recepte 2 Cash Balance 4 6 O Expenditures 8 Time (works) 10 12 12 14 14 1 16 A small family business seeks to study its finances as a system and so better understand its Cash Balance. Receipts flows into the cash balance at a certain rate and expenditure flows out at another rate. Flows (S/week) Figure 1 below shows the hypothetical behaviour of receipts and expenditui e. Given this infoi mation, draw, the behaviour of the company's cash balance. Assume that the initial Cash balance at time zero is $100. 100 75 Expenditures WZ 6 8 10 Time (weaks) 50 25 240 Receipts Cash Balance } Recepte 2 Cash Balance 4 6 O Expenditures 8 Time (works) 10 12 12 14 14 1 16

Answer rating: 100% (QA)

SOLUTION Based on the information provided we can see that the receipts flow into the cash balance a... View the full answer