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 February?
A)$40,000
B)$45,000
C)-$45,000
D)There is NOT enough information to answer this question.

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 February?
A)$40,000 
B)$45,000 
C)-$45,000 
D)There is NOT enough information to answer this question.

Quizplus · Accepted Answer

The question does not provide the necessary details from Table 6.2 to calculate the net cash flow from purchases and sales for February, making it impossible to determine the correct answer without additional information.

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