Suggested solution

$($a$)$

$\backslash$table$[[,$July,Aug,Sep,Oct,Nov,Dec,Total$],[\backslash$table$[[$Credit$],[$sales$]],36,000,38,000,40,000,42,000,44,000,46,000,246,000]]$

$\backslash$table$[[,$RM$,],[$Outstanding receivables June,$65,000,],[$Credit sales,$246,000,],[,311,000,],[$Less Receivable Dec,$(46,000),],[100\%$ December credit sales,$(22,000),],[50\%$ November credit sales,$(10,500),],[25\%$ October credit sales,$232,500,],[$Total cash collected,,$]]$

$($b$)$

Examples of methods that would be rewarded are given below.

i$)$ Factoring or invoice discounting

ii$)$ Interest penalties for late payment

iii$)$ Improved credit control procedures.