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A company currently allows a discount of 20% to customers who pay at the time...

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A company currently allows a discount of 20% to customers who pay at the time of purchase. If 30% of customers pay immediately, the extra sales needed in July to increase the cash receipts in that month by £6,000 are:

A.

£7500

B.

£20000

C.

£25000

D.

£30000

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CIMA BA2 Summary

  • Vendor: CIMA
  • Product: BA2
  • Update on: Jul 29, 2025
  • Questions: 392
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Refer to the exhibit.
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TESTED 02 Aug 2025