The Pacheco family has a monthly income of $7,300 . They have monthly fixed expenses of $3,280. In July, they had monthly variable expenses of $2,620. They have annual expenses totaling $14,000. What was the Pacheco’s cash flow for July?
Accepted Solution
A:
The July's cashflow will be given as follows: July's income=$3280 Monthly expense=$2620 Thus the cash flow will be given by: Cashflow=3280+(2620) =3280-2620 =$660 Answer: $660