Cash Management - help please


I am stuck on two questions on the AAT Level 4 Cash Management AQ2013 practice assessment 2.

Question 1.3 a) The trade receivables balance at the end of period 3 is forecast to be: £___________

Question 1.3 c) Complete the table to identify the value of trade payable's that will be paid in periods 4 and 5.

Please can someone help/show me how to work these out?

Thank you!


  • Warsame
    Warsame Registered Posts: 3 New contributor 🐸
    Question 1.3 a)
    5400-15%x30 = 137700
    6100-30%x70 = 108885
    then add together 246585 this a trade receivable period 3.
  • Lisa_Carroll
    Lisa_Carroll Registered Posts: 10
    @warsame I am stuck on the same question, but I have different figures. Would you mind taking a look at how it could be calculated? Here is a link to the task question about calculating the trade receivables balance:

    The answer is: £207,480

    Any ideas how to reach that figure?
  • CeeJaySix
    CeeJaySix Registered Posts: 645
    Lisa, I have answered this on your other thread.
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