Question: Answer please QUESTION 2 A company forecasts that the following sales: 182 BD in May, 391 BD in June and 168 BD in July, Sales

Answer please

QUESTION 2 A company forecasts that the following sales: 182 BD in May, 391 BD in June and 168 BD in July, Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after one month and the remining 40% will be paid after two months. Additionally, the company will receive 160 BD in dividends in July, and 84 BD from the sale of stocks in May. Based on the information given what is the anticipated total cash receipts for the month of July

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

QUESTION 6 A company forecasts that the following sales: 182 BD in May, 391 BD in June and 168 BD in July, Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after...

Question 12 3 points A company forecasts that the following sales: 182 BD in May, 391 BD in June and 168 BD in July, Sales will be paid in three parts, 30% will be paid in casis, another 30% will be...

A company forecasts that the following sales: 182 BD in May, 391 BD in June and 168 BD in July, Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after one month...

QUESTION 2 A company forecasts that the following sales: 188 BD in May, 161 BD in June and 130 BD in July, Sales will be paid in the parts. 30will be paid in cash, another 30% will be paid after one...

Please I need a solution to all the questions please QUESTION 17 A company forecasts that the following sales: 176 BD in May, 221 BD in June and 161 BD in July, Sales will be paid in three parts, 30%...

6 please QUESTION 6 A company forecasts that the following sales: 120 BD in May, 365 BD in June and 193 BD in July, Sales will be paid in three parts, 30% will be paid in cash, another 30% will be...

Lulu Hypermarket plans to open a new branch in Sitra. The branch will initially cost them 35,993 BD and will generate a return of 8,506 BD, 5,997 BD, 7,351 BD and 6,129 BD respectively for the next...

what is the anticipated total cash receipts for the month of July? O D. The EOQ ignores inventory reorder costs and QUESTION 2 A company forecasts that the following sales: 185 BD in May, 148 BD in...

QUESTION 2 A company forecasts that the following sales: 176 BD in May, 221 BD in June and 161 BD in July, Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after...

QUESTION 2 A company forecasts that the following sales: 188 BD in May, 161 BD in June and 130 BD in July, Sales will be paid in the parts 30% will be paid in cash, another 30% will be paid after one...

Give an example of a service in which isolation of the technical core would be inappropriate.

Mr. Jog is employed in a local Company called AB spares in Lobatse with a monthly salary of P25,000. The following are the other benefits and incomes he received for the year ended 31 December 2020:...

True or false, depreciation expense produces a cash out of funds, because it reduces the firms earnings

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...