Business, 04.03.2020 04:20 calvinclifton
Pastoria Enterprises has scheduled raw material purchases of $100,000 in January, $130,000 in February, and $150,000 in March. The company pays for 75% of its purchases in the month of purchase and 25% the month after the purchase. Calculate the expected cash disbursements for the month of February.
a. $135,000
b. $122,500
c. $107,500
d. $130,000
Answers: 1
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Pastoria Enterprises has scheduled raw material purchases of $100,000 in January, $130,000 in Februa...
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