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Sagot :
The net cash inflow for March is -$10,439.6.
What is the net cash inflow?
Sales collected = 40% of March sales + 50% of February sales + 10% of January sales = 0.4 x 412,151 + 0.5 x 379,000 + 0.1 x 352,000 = $389,560.4
Cash out flows in March:
Purchases on Trade credit for Feb = $240,000
+ Cash Expenses = $94,000
+ Taxes, interest and dividends = $41,000
+ Capital expenditures = $25,000
Net Cash outflows = $400,000
Net Cash inflows = 389,560.4 - 400,000
= -$10,439.6
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Complete question
January February March
Sales $352,000 $379,000 $412,151
Purchases on Trade Credit $218,000 $240,000 $260,000
Cash Expenses $88,000 $91,000 $94,000
Taxes, interest, and dividends $18,000 $20,000 $41,000
Capital Expenditures $50,000 0 $25,000
All sales are credit sales with 40% collected in the month of sale, 50% collected the following month, and the remainder collected in the second month after the sale. Credit purchases are paid in 30 days and all other items require immediate payment. Compute the net cash inflow for March.
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