Posted by: Pdfprep
Post Date: March 11, 2021
A company currently allows a discount of 20% to customers who pay at the time of purchase.
If 30% of customers pay immediately, the extra sales needed in July to increase the cash receipts in that month by £6,000 are:
A . £7500
B . £20000
C . £25000
D . £30000
Answer: C
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