Numerical - Calculate monthly cash collection when sales are realized over months.

Q.  Given estimated sales in February, March, April, May and June are Rs 90,000, Rs 96,000, Rs 54,000, Rs 87,000 and Rs 63,000.  In case 50% of sales are realized in the next month and balance in the next of next month, determine cash collection from sales in April and May.
- Published on 14 Sep 15

a. Rs 93,000 and Rs 75,000
b. Rs 93,000 and Rs 70,500
c. Rs 75,000 and Rs 70,500
d. None of the above

ANSWER: Rs 93,000 and Rs 75,000

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