Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please show the calculation using paper Study Quostion 9C 1. The MegaMall Move Forward Sdn Bhd's projected sales for the first eight months of 2018
please show the calculation using paper
Study Quostion 9C 1. The MegaMall Move Forward Sdn Bhd's projected sales for the first eight months of 2018 are as follows: RM Month January February March April 100,000 120,000 150,000 300,000 275,000 200,000 200,000 180,000 May Jun July August Purchases of Inventories is 65% of sales. Payments for purchases are made in the month of the sale. Other fixed cash monthly expenses are wages RM15,000 and rental RM1,700. The company need to pay tax of RM20,000 in April and interest payment in May RM2,500. What is total cash disbursements for January, February, March, April , May, Jun, July and August ? 2. Hazlin Berhad's has projected his sales for the last four months of 2018 as follows: Sales Month August September October 65,000 80,000 62,800 November 65,700 A company collects 20% of its sales during the month of sale, 65% one month after the sale, and 15% two months after the sale. What is the total collection for August September, October and NovemberStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started