? Stanford Corporation expects to purchase $180,000 ofmaterials in October and $200,000 of materials in November.Three-fourths of all purchases are paid for in the month ofpurchase, and the other one-fourth are paid for in the monthfollowing the month of purchase. How much will November'scash disbursements for materials purchases be?

Calculation of November's Cash DisbursementsStanford Corporation follows a payment structure…

Answered: Stanford Corporation expects to…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 11EB: Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase,...

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Johns industries expects to purchase $160000 of materials in July and $180000 of materials in August. 3/4 of all purchases are paid in the month of purchase and the other one fourth are paid for in the month following the month of purchase. How much will August's cash disbursements for materials purchases be? 1) 120000 2) 175000 3) 180000 0r 4) 135000
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Ash Merchandising Company expects to purchase $86,000 of materials in July and $118,000 of materials in August. Three- quarters of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How much will August's cash disbursements for materials purchases be?
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Swifty Corporation expects to purchase $140,000 of materials in July.... Please provide correct solution for this general accounting question
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