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Cash budgeting help

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  • 18-02-2007 4:17pm
    #1
    Shox
    Closed Accounts Posts: 78 ✭✭


    was wondering could someone help me how do you get the purchases on 2002 q.9 (v). Just dunno what t do!


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    #2
    md99
    Closed Accounts Posts: 817 ✭✭✭md99


    Purchases are to be sufficient to cover the following months sales...

    January - Get Feb Purchases fig, multiply by 75%.
    Feb - Get Mar Purchases fig, multiply by 75%...

    and so on.


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    #3
    Shox
    Closed Accounts Posts: 78 ✭✭Shox


    thanks


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    #4
    md99
    Closed Accounts Posts: 817 ✭✭✭md99


    no problem, that confused me myself at the time.

    that said, that version of cash budgeting is easier than the other version with discount allowed and received (which appeared in 04)


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