Gilbert Company purchased $40,000 of goods in July and expects to purchase $60,000 of goods in August. Gilbert typically pays for 25% of purchases in the month of purchase and 75% in the following month. What are Gilbert Company's total expected cash disbursements for purchases in the month of August?

Gilbert Company's total expected cash disbursements for purchases in the month of August are $45,000.

Explanation:

In August the 75% of July purchases payments and 25 % of August purchases Payments will bedisbursed.

Cash Disbursement of August

August Payment = $15,000

July Payment = $30,000

Total Disbursement = $15,000 + $30,000

Total Disbursement = $45,000

Working:

July payment = $40,000 x 75% = $30,000

August Payment = $60,000 x 25% = $15,000

answer; that person may have a larger tax bill to pay on income taxes;

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )