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Sir i listen many time a sentence as (Of the following year) in free lectures but cant actually understand meaning of these words
-Its the current year?
-or its mean next year?I am not quite sure what you mean, but if today is 1 January 2017 then the following year is the 12 months ending on 31 December 2017.
for example on page 36 of free notes.required to prepare cash flow forecast.
you explain that example in much detail i understand it clearly but sir dont understand specfic meaning of (following month,following purchase)
(b); purchase are paid the month following year..if i re-right them as (purchase are paid in next month of the purchases..is that correct??
also (c)25% the following moths..its same if i said..25% in the next month??
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