You are presented with the following flow forecasted financial activity data for your organisation for the period November 2019 to June 2020. It has been extracted from functional flow forecasts that have already been prepared

Nov Dec Jan Feb Mar Apr May June 2019 2019 2020 2020 2020 2020 2020 2020 P P P P P P P P Sales 80,000 100,000 110,000 130,000 140,000 150,000 160,000 180,000 Purchases 40,000 60,000 80,000 90,000 110,000 130,000 140,000 150,000 Wages 10,000 12,000 16,000 20,000 24,000 28,000 32,000 36,000 Overheads 10,000 10,000 15,000 15,000 15,000 20,000 20,000 20,000 Dividends declared 20,000 40,000 Capital expenditure 30,000 40,000