Question
1. Requirements: a. Prepare projected production for April, May and June 2022. b. Prepare cash collection for April, May, and June 2022 when the company
1. Requirements:
a. Prepare projected production for April, May and June 2022.
b. Prepare cash collection for April, May, and June 2022 when the company collection policy is as follows:
2. Given:
a. Collection Policy: 20% month of sales | 50% one month after | 30% 2 months after
b. Sales is expected to increase by 10%
c. Inventory at the end of Dec 2021 is at 50 units.
d. The company will maintain 5% of the expected units to be sold for the following month as end inventory.
e. July 2021 sales was at 3000 units
d. Sales for the 2nd quarter of 2021 is as follows:
Months | APRIL | MAY | JUNE |
UNITS | 2,220 | 2,600 | 2,800 |
3. Research on 3 possible events that may affect the Company of Apple Inc.
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