CAPE Management of Business Unit 1 · 2005 · Paper 1 · Question 15(a)

A company sells fifty percent of its goods on credit each month. Seventy-five percent of debtors pay their accounts by the end of the next month. The others pay by the end of the third month. Sales of 15,000 and 16,000 were made in January and February respectively.

Compute the cash inflow from sales in January.