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Sleepy Hollow (Again) Unit 15 Cash Management

columbiacolumbia Experienced MentorRegistered Posts: 580
Hi everyone, hope you are all well

I think I have managed to confuse myself again. I am working through the Sleepy Hollow Simulation for unit 15 - Cash Management.

I have seen some of the postings already made for this particular sim, but for the life of me I cannot see where the figure of 5200 beds as the initial production figure is being sourced from.

I have done most of the other workings, but I assume that I am now overlooking the obvious.

Think I may be having a confused panic moment, but if someone could please advise I would be very grateful.

Thanks.

Tracy

Comments

  • sdvsdv Experienced Mentor Registered Posts: 585
    columbia wrote: »
    Hi everyone, hope you are all well

    I think I have managed to confuse myself again. I am working through the Sleepy Hollow Simulation for unit 15 - Cash Management.

    I have seen some of the postings already made for this particular sim, but for the life of me I cannot see where the figure of 5200 beds as the initial production figure is being sourced from.

    I have done most of the other workings, but I assume that I am now overlooking the obvious.

    Think I may be having a confused panic moment, but if someone could please advise I would be very grateful.

    Thanks.

    Tracy


    I believe the £5200 is the bank interest payable on the Bank over draft, I can't see it as initial production figure anywhere.

    this post explains it clearly how it's arrived

    http://forums.aat.org.uk/showthread.php?t=29388&highlight=sleepy+hollow

    £520,000 x 1% = £5,200
  • columbiacolumbia Experienced Mentor Registered Posts: 580
    Thanks

    I don't suppose it helps when there are a lot of similar figures on the page! It wasn't the interest (although the figure does work out to £5200), it was opening stock less sales less closing stock which equalled the Production figure.

    Think it didn't help that this was the 3rd practice test I had done in a row and my brain was a bit addled!

    Thanks again for trying to help me, much appreciated.

    Tracy
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