Coral Fragrances (CF)
Abdullah operates Coral Fragrances (CF) as a sole trader, selling perfume bottles on the internet. The market is increasingly competitive. The retail price of perfume bottles is predicted to fall in the second quarter of 2018. Employees at CF will receive a 3 % rise in wages starting from 1 October 2018.
Tom has forecasted the following monthly cash outflows for July through September 2018: