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Question. Dec2014 Section B. Question-1 (a)

This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.

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November 3, 2015 at 8:08 am #280189
ripon
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December January February March April
Sales (units) 1,200 1,250 1,300 1,400 1,500
Required:
(a) Calculate the cash balance at the end of each month in the three-month period.
But in the answer
the took the month January February March
@Why the didn’t take the months December January February?
November 3, 2015 at 10:37 am #280206
John Moffat
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The very first sentence in the question says that they are preparing a cash flow forecast for the three-month period from January to the end of March. So these are the three months that they require.
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