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Hi sir
How to get to these figures
While annual receipts from customers and payments to suppliers are forecast to rise during the forecast period by 8.5% and 9.4%, respectively, the amounts attributable to salaries and other operating payments are only forecast to rise by 4.1%.
Thanks
ANNUAL means you have to add the 6 month periods together – so, for example, receipts from customers for the year to 30/9/18 = 14950 + 15400 = 30350
For the year to 30/9/16 = 13935 + 14050 = 27985
So the growth is 30350/27985 – 1 = 8.451
Which is suitably rounded to 8.5%Regarding same q
“The bank loan expires on 5 January 2018. The finance director expects to take out a matching facility with the current lender to pay off the existing debt”
Could u Explain this matter /implications
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