When Your Silence Is Loud..& Your Eyes Speaking Volumes..
Calculate the value of credit sales
-
A.
N484 000 -
B.
N448000 -
C.
N584 000 -
D.
N558 000
Correct Answer: Option B
Explanation
credit sales = 160% x 280,000 (cash receivable)
(frac{160}{100}) x 280,000
1.6 x 280,000 = 448,000
credit sales = 448,000