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Author Question: Giant Koala Stores Inc. has forecasted sales for July and August in the top row of the table. Giant ... (Read 140 times)

joesmith1212

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on: Apr 25, 2021
Giant Koala Stores Inc. has forecasted sales for July and August in the top row of the table. Giant Koala makes 85% of its sales for cash and the remainder on credit. The credit sales are collected one month after the sale. What are Giant Koala's forecasted total cash inflows in August?

Sales Forecast and Cash Collections
Giant Koala Stores Inc. ($000,000)
​JulyAugust
Sales Forecast$18.000$18.000 
Cash Sales15.300​
Collections from last month​​
Total Cash Inflows​ 

◦ $17 million
◦ $18 million
◦ $19 million
◦ $21.15 million
◦ $21.4 million
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by joesmith1212 on Apr 25, 2021

deja

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joesmith1212

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

diana chang

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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