6. Dream Big Pillow Co. pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in the second month following the purchase. It made the following purchases at the end of 2017 and the beginning of 2018:
Nov. 2017 Dec. 2017 Jan. 2018 Feb. 2018 Mar. 2018
$60,000 $50,000 $35,000 $40,000 $45,000
|
PLEASE NOTE: All dollar amounts will be rounded to whole dollars with "$" and commas as needed (i.e. $12,345). If no dollar amount is needed, please use "$0" - no quotation marks.
Using the information above, complete the following cash payments schedule for the monthly budgeted payments and total for Quarter 1:
For the First Quarter of 2018 |
|
|
|
|
|
? |
? |
? |
|
? |
? |
? |
|
? |
? |
? |
|
? |
? |
? |
|
? |
? |
? |
Total Cash Payments for the First Quarter of 2018 |
|
? |