Table 6.2

-On -The-Level Manufacturing buys materials on credit at the start of the month and pays in 60 days.They also sell on credit,bill customers at the beginning of the month,and receive payment 30 days later.Using Table 6.2,what is the net cash flow from purchases and sales for the month of March?
A)There is NOT enough information to answer this question.
B)$40,000
C)$45,000
D)-$45,000

Question

Table 6.2

-On -The-Level Manufacturing buys materials on credit at the start of the month and pays in 60 days.They also sell on credit,bill customers at the beginning of the month,and receive payment 30 days later.Using Table 6.2,what is the net cash flow from purchases and sales for the month of March?
A)There is NOT enough information to answer this question. 
B)$40,000 
C)$45,000 
D)-$45,000

Quizplus · Accepted Answer

The Answer of Table 6.2

-On -The-Level Manufacturing buys materials on credit at the start of the month and pays in 60 days.They also sell on credit,bill customers at the beginning of the month,and receive payment 30 days later.Using Table 6.2,what is the net cash flow from purchases and sales for the month of March?
A)There is NOT enough information to answer this question. 
B)$40,000 
C)$45,000 
D)-$45,000

Table 6.2 -On -The-Level Manufacturing Buys Materials on Credit at the Start