Prepare a monthly schedule of cash receipts

Ninety percent of SAP’s sales are on credit with 60% of receivables collected in the month after the sale and the rest of receivables collected in the second month after the sale. February sales were P90,000 and March sales were P105,000. In the past SAP’s bad debt percentage has been 0% and is expected to continue.

a. Prepare a monthly schedule of cash receipts for April-June.

b. What is the balance of receivables at the end of June?

Four months after it stops advertising, a manufacturing company notices that its sales have dropped from 100,000 units per month to 80,000 units per month. The sales follow an exponential pattern of decline.

What will the sales be after another 2 months?

You will research threats to a company’s information technology and share your finding with the class using a PowerPointProject  Topic : Internal Conditions and Failures (environmental v. hardware failure v. software failure)

Solution: