1.. The Cash receipts in June is? 2.. The receivables in August is ? 3.. Would you...
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Question:
1.. The Cash receipts in June is?
2.. The receivables in August is ?
3.. Would you give a loan of $800,000 in August assuming a risk of 20%
Month Sales | J | F | M | A | M | J | J | A | S |
1.5 M | 1.5 | 1.0M | 1.4 | 2.0 | 1.8 | 1.6 | 2.0 | 2.1 | 1.8 |
ASSUMPTIONS:
20% in the month of sale
50% one month after
Remainder two months later
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: