Personal Income Tax Returns and Cash Flow
Q: Would it be safe to say that when calculating McPherson's cash flow, you shouldn't rely on loans to and loan repayments since they are likely not ongoing?
A: Most definitely. These would fall into the category of non-recurring cash flows in estimating the likely recurring, future cash flows - both inflows and outflows - that add up to a personal cash flow surplus or deficit.
Course overview: Personal Income Tax Returns and Cash Flow