Budgeting q's-HELP!!
stuartander
Registered Posts: 82 Regular contributor ⭐
Hey, I have cba tomorrow and im stuck on this one!!
Credit Sales
June- 100k
July- 150k
Aug- 130k
I need to work out whats expected to be recived in Sept, if:
60% Pay in the month after sale,
20% pay in the second month after sale,
20% pay in the third month after sale.
Also the customers that pay in the month after sale recieve a 2% discount...
What do you get??
Mine is
60%- 76440 (including the 2% discount)
20% -30,000
20%-26,000
Total- 132440
Credit Sales
June- 100k
July- 150k
Aug- 130k
I need to work out whats expected to be recived in Sept, if:
60% Pay in the month after sale,
20% pay in the second month after sale,
20% pay in the third month after sale.
Also the customers that pay in the month after sale recieve a 2% discount...
What do you get??
Mine is
60%- 76440 (including the 2% discount)
20% -30,000
20%-26,000
Total- 132440
0
Comments
-
I got £126,440
where you got 20%-26,000 I made 20% of 100k = £20,000Sandy
sandy@sandyhood.com
www.sandyhood.com0
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