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1.3.3 Cash and cash-flow - Calculations

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1. A business forecasts cash inflows of £4,500 and cash outflows of £3,200 in March. Calculate the net cash flow for March.
2. A business has an opening balance of £1,450 at the start of May. During May its cash inflows are £3,900 and its cash outflows are £2,600. Calculate the closing balance at the end of May.
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