=+Suppliers of materials grant one month's credit and at the beginning of May these suppliers were owed

Question:

=+Suppliers of materials grant one month's credit and at the beginning of May these suppliers were owed £820,000. All other costs are paid for as incurred.

Required a

Draw up a cash flow forecast for the next six months showing the monthly over-

draft if Sheetly continues to rely on this source of finance.

Step by Step Answer:

Question Posted: