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Hi Sir Mike!
Under ‘Salaries and other payments’ (Sept/Dec 2016 Q3 a) it says while annual receipts from customers and payment to suppliers are forecast to rise during the forecast period by 8.5% and 9.4% respectively… (how did he arrive at these figures? I don’t seem to get the same figures…)
Thanks!
KyleThis line from the answer tells you …
“While annual receipts from customers and payments to suppliers are forecast to rise during the forecast period by 8·5% and 9·4%”
“… ANNUAL receipts and payments …”
Look at the actual figures for the YEAR to 30 September, 2016 (receipts of $27,985, payments of $21,575) and compare with the forecast receipts and payments for the YEAR to 30 September, 2018 (receipts of $30,350, payments of $23,600)
Can you do the rest?
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