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Calculate your cash inflows in March

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Reference no: EM132819784

Question - Your sales on January and February were $120K and $150K respectively.

You'd like to make a cash budget for March, April and May for which you project sales of $133K, $160K and $125K respectively. The cash sales represent 50%, while the ones that give one and two months of credit represent a 30% and 20% respectively.

1. Calculate your cash inflows in March.

2. Calculate your cash inflows in April.

3. Calculate your cash inflows in May.

Reference no: EM132819784

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