00:01
Okay, we're given an interesting analysis concerning cash budget.
00:07
So we just basically want to look at the information that is provided relating to cash budget.
00:14
The first one obviously has to do with the fact that when sales are made, so the sales are collected as follows in the first month or in the month of sale.
00:32
It's actually 50 % that are collected in the month of the cell, which we can just call m1.
00:43
In the second month, 30 % is collected, and in the third month, 20 % is collected.
00:55
Now, we're given information pertaining to the balance at the end of a particular period, and we are told that in january, on january the 1st, the receivables, the accounts receivables has a balance of $81 ,000.
01:23
But this is split into the forego.
01:28
So there is $50 ,000, which relates to the same.
01:33
Cells for december and november cells is the $31 ,000.
01:44
So the question is how much is going to be collected in the month of january? so what has to be collected in the month of january is number one...