When Your Silence Is Loud..& Your Eyes Speaking Volumes..
Calculate the value of credit sales
- N484 000
-
N448000
- N584 000
- N558 000
The correct answer is: 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