Here is a forecast of sales by National Bromide for the first four months of 2022 (figures in $ thousands):Month 1Month 2Cash salesSales on credit1611025130Month 3 Month 4191001580On average, 51% of credit sales are paid for in the current month, 31% are paid in the next month, and the remainder are paid in themonth after that. What is the expected cash inflow from operations in months 3 and 4?Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place.ItemsMonth 3Month 4Expected Cash Inflow fromOperations (in $ thousands)

When cash sales are made , Cash inflows arise immediately. However , whenever credit sales are made…

Cast of Cash sales Sales on credit Month 1 16 110 Month 2 Month 3 Month 4 25 130 19 100 15 80 On average, 51% of credit sales are paid for in the current month, 31% are paid in the next month, and the remainder a month after that. What is the expected cash inflow from operations in months 3 and 4? Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place. Items Month 3 Month 4 Expected Cash Inflow from Operations (in $ thousands)

Cast of Cash sales Sales on credit Month 1 16 110 Month 2 Month 3 Month 4 25 130 19 100 15 80 On average, 51% of credit sales are paid for in the current month, 31% are paid in the next month, and the remainder a month after that. What is the expected cash inflow from operations in months 3 and 4? Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place. Items Month 3 Month 4 Expected Cash Inflow from Operations (in $ thousands)

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter22: Providing And Obtaining Credit

Section: Chapter Questions

Problem 5MC

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