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Sales are 500000 , 40% credit, company will collect 20% of receivable in the first year , 30% second year , 30% third yeer , 20% forth year

Based on these information, receivable in the end of third year will be A-200000 B-40000 C-60000 D-160000

Accounting Cost Accounting Financial Accounting CMA Costing
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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/11
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Manoj Kumar
by Manoj Kumar , Finance Manager , RGM International (India) Private Limited

Correct Answer is B 40,000

Othman Al Dali
by Othman Al Dali , مراقب مالي , انماءات البلاد للتطوير و الاستثمار

b is the correct answer .....................

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Correct answer is40000 ......

khushhal benniamin
by khushhal benniamin , Accounts Executive , Ajmal khan (Pvt) Ltd

Recievable is200000. inflow1st year40000, second year60000, third year60000.

and forth40000.  C option is correct

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