Input | Output |
---|---|
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: 30,000 (B) Month 3: 96,000 (C) Month 3: 86,000 (D) Month 3: 100,000 Answer with the option's letter from the given choices directly. No punctuation. | C Expected Answer: D Difficulty: Medium Subfield: Corporate Finance |