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Why revised investment in debtor is 30L. In question it is said 50% will go for cash sales by offering discount.. Video Details Financial Management Management of Receivables 18. Illustration 7 - Saavn Ltd
Answers (1)
Please re-read the question and try understand the point in the question, which says, 50% is not cash sales.. It says, for the 2% discount offered, 50% of the customers would OPT for the same.. so the computation would be as told in the video 30L x 2% x 50% So what is explained in the video is correct
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