Working capital management,preparing cash budget

Financial Management

What does this adjustment mean ANTICIPATED SALES OF EACH MONTH ARE PURCHASE AND PAID FOR THE PREVIOUS MONTH BY.......2%

Ramya Nagarajan

CA Final

★ 1K+

01-Feb-23 14:16

795

Answers (1)

The statement is grammatically not proper. It could mean that the purchases in the current month are based on sales requirement of next month.

CA Suraj Lakhotia

Admin

01-Feb-23 17:04