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

Question

Based on these information cash collected in the third year is

A-60000

B-40000

C-100000

D-50000

rohit mehra · Answer

30% of receivable i.e.40 % of sale

30% of40% =12% of sales

=60000 is the answer

Vinod Jetley · Answer

Cash Sales =3,00,000

Receivable of First year:0.30*2,00,000=60,000

Receivable of Second year:0.30*2,00,000=60,000

Receivable of Third year:0.20*2,00,000=40,000

Total cash inflow=4,60,000

Shidhin.z shidhsaf · Answer

a-60000

credit sales -200000

first year-40000

second year-60000

third year-60000

last year-40000

Soumya Kanta Nayak · Answer

Total Receivable is% of that is A-60000

Malik Waqas · Answer

Total sale =500,000
Credit Sale (500,000*.4) =200,000
Cash received on3rd year (200,000*.3) =60,000

Senthil Velu Sivanandam · Answer

40$ of Credit Sales -200,000. Hence30% of receivables will be60,000

Muhammad Asad Saleem · Answer

Based on the information cash collected in the third year is60,000

Jessica Yara · Answer

500000 x40% =200000

200000 x30% =60000

The answer is A-60000

Balasubramaniam Shanmugam · Answer

A *40% cr sales200000 *30% is60000

Ahmed Ali Khan Patan · Answer

The right answer is Option A.60,000/- (40% of500000 is200000 then30% collected in3rd year from it.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

Third year collection is30% of the Total credit sales effected i.e.200000.

[Answer option:60000]