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Here is a forecast of sales by National Bromide for the first four months of 2019 (figures in $ thousands): <image 1> On the average 50% of credit sales are paid for in the current month, 30% are paid in the next month, and the remainder are paid in the month after that. What is the expected cash inflow from operations in months 3 and 4?



(A) Month 3: 31,000;Month4:31,000; Month 4: 30,000


(B) Month 3: 81,000;Month4:81,000; Month 4: 96,000


(C) Month 3: 91,000;Month4:91,000; Month 4: 86,000


(D) Month 3: 119,000;Month4:119,000; Month 4: 100,000


Answer with the option's letter from the given choices directly. No punctuation.


C


Expected Answer: D

Difficulty: Medium

Subfield: Corporate Finance

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Input ID
a43c0c5d-b1dd-449e-98ee-740d8bb62b91
Created
February 21, 2024
Permission
Public