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N Flow Co Has Identified The Following
N Flow Co Has Identified The Following
Question
Question
N. Flow & Co. has identified the following payment pattern for revenues: 35% of sales are for
cash, 15% are received one month after the sale, 50% are received two months after the sale,
and bad debt is negligible. Assume today is December 31. Sales for the last three months and
sales projections for the next six months are:
Row
...
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42
Type a spreadsheet equation that forecasts N. Flow’s Accounts Receivable (row 42) for Jan,
such that the equation can also be copied into future months. Your equation will go into cell
G42, and MUST BE EXACT—including ALL algebraic and special characters, numbers, letters,
etc. Hint: it starts with =.
Copy your formula and paste it into the answer box, such that I can copy and paste it into my
spreadsheet, and then copy it across.
Attachments
N._Flow_Co_._has_identified_the_following_.ZIP (18.96 KB)
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