Calculating expected cash flow in the given months.
Not what you're looking for?
Here is a forecast of sales by National Bromide for the first four months of 2010 (figures in $ thousands):
Month 1 Month 2 Month 3 Month 4
Cash Sales 15 24 18 14
Sales on credit 100 120 90 70
On average 50% of credit sales are paid for in the current month, 30% are paid in the next month, and the remainder is paid in the month after that.
What is the expected cash inflow from operations in months 3 and 4?
Purchase this Solution
Solution Summary
This solution calculates the expected cash inflow from operations in the given months.
Solution Preview
Expected cash inflow in month 3
=Cash sales in month 3+50% of credit sales in month ...
Education
- BEng (Hons) , Birla Institute of Technology and Science, India
- MSc (Hons) , Birla Institute of Technology and Science, India
Recent Feedback
- "Thank you"
- "Really great step by step solution"
- "I had tried another service before Brain Mass and they pale in comparison. This was perfect."
- "Thanks Again! This is totally a great service!"
- "Thank you so much for your help!"
Purchase this Solution
Free BrainMass Quizzes
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Motivation
This tests some key elements of major motivation theories.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.