Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
VIC Ltd forecasts the following sales figures for the first four months of 2022.
Jan Feb Mar Apr
$150,000 $170,000 $200,000 $250,000
Cash sales average 23 per cent of total sales and credit sales are collected 59 per cent in the month of sale and the rest in the month following sale. VIC also receives $10 000 monthly cash income from an investment.
Problem 1: What are the estimated cash collections in Feb?