Jonathon is a sole trader. He owns a shop selling office equipment including printers. To encourage sales Jonathon allows customers 4 weeks to pay for the office equipment. Jonathon thinks his business is likely to remain small. He knows managing cash flow is important for his business and he has prepared a cash flow forecast. An extract is shown in Table 2.1. Calculate $$\(\mathbf{X}\)$$ and $$\(\mathbf{Y}\)$$. X: ....................................................................................................................................... Y: .......................................................................................................................................

Answer:

Award 1 mark for each correct calculation.
\(\mathbf{X}: \$(15000)\) or \((15)\) or \(-15[1]\)
Y: \(\$ 90000\) or 90 [1]

Knowledge points:

Solution: