=+25* (Examination level) Sheetly ple has an overdraft of £500,000 which the directors are alarmed about. Their concern is further aroused by the fact that in July a tax demand for £200,000 will be payable. Also the company expects to pay for replacement May June July Aug Sept Oct £000 £000 £000 £000 €000 Anticipated sales 1,100 1.150 900 800 1,300 1,200 Purchases (materials)
800 810 660 600 950 850 Labour 100 110 90 90 110 100 Rent 50 50 50 50 50 50 Other costs 40 50 60 45 50 60