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Hello, I was looking to get the answers to the following question screen shooted below. Note there is already an example with the same numbers
Hello,
I was looking to get the answers to the following question screen shooted below. Note there is already an example with the same numbers availble on this site; however, I am more interested in the following:
- is the solution already on this site accurate minus the year in question (2012 vs 2014, everything else seems to be the same).
- can you provide insight into how the additional information comes into play? for example, the part a, does not seem to account for any information except for the percentage of cash and credit sales for the answer. Why is none of the other additional information factored in? I guess I am looking for what factors to consider for preparing a monthly OPERATING CASH schedule.
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