--%>
Assignment Help - homework help

Budgeted cash disbursements

The ABC Company, a merchandising firm, has budgeted its action for December according to the following information:

• Sales at $560,000, all for cash.

• The invoice cost for goods purchased represents 73% of the sales price. All purchases are paid in cash.

• Merchandise inventory on November 30 was $160,000.

• Budgeted depreciation for December is $45,000.

• The cash balance at December 1 was $40,000.

• Selling and administrative expenditures are budgeted at $79,000 for December and are paid in cash.

• The planned merchandise inventory on 31 December is $270,000.

The total budgeted cash disbursements for December are:

A) $597,800
B) $524,600
C) $473,800
D) $518,800

   Related Questions in Mathematics

  • Q : Probability assignments 1. Smith keeps

    1. Smith keeps track of poor work. Often on afternoon it is 5%. If he checks 300 of 7500 instruments what is probability he will find less than 20substandard? 2. Realtors estimate that 23% of homes purchased in 2004 were considered investment properties. If a sample of 800 homes sold in 2

    		•
  • Q : Problem on Linear equations Anny, Betti

    Anny, Betti and Karol went to their local produce store to bpought some fruit. Anny bought 1 pound of apples and 2 pounds of bananas and paid $2.11.  Betti bought 2 pounds of apples and 1 pound of grapes and paid $4.06.  Karol bought 1 pound of bananas and 2

    		•
  • Q : Elementary Logic Set & Model of a

    Prove that Elementary Logic Set is a Model of a Boolean Algebra The three Boolean operations of Logic are the three logical operations of  OR ( V ), AN

    		•
  • Q : How to get calculus homework done from

    How to get calculus homework done from tutor

    		•
  • Q : Who firstly discovered mathematical

    Who firstly discovered mathematical theory for random walks, that rediscovered later by Einstein?

    		•
  • Q : Pig Game Using the PairOfDice class

    Using the PairOfDice class design and implement a class to play a game called Pig. In this game the user competes against the computer. On each turn the player rolls a pair of dice and adds up his or her points. Whoever reaches 100 points first, wins. If a player rolls a 1, he or she loses all point

    		•
  • Q : Solve each equation by factoring A

    A college student invested part of a $25,000 inheritance at 7% interest and the rest at 6%.  If his annual interest is $1,670 how much did he invest at 6%?  If I told you the answer is $8,000, in your own words, using complete sentences, explain how you

    		•
  • Q : Problem on sales and budget XYZ Farm

    XYZ Farm Supply data regarding the store's operations follow: • Sales are budgeted at $480,000 for November, $430,000 for December, and $340,000 for January. • Collections are expected

    		•
  • Q : Uniform scaling what is uniform scaling

    what is uniform scaling in computer graphic

    		•
  • Q : Simulation with Arena An office of

    An office of state license bureau has two types of arrivals. Individuals interested in purchasing new plates are characterized to have inter-arrival times distributed as EXPO(6.8) and service times as TRIA(808, 13.7, 15.2); all times are in minutes. Individuals who want to renew or apply for a new d

    		•