--%>

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 : The mean of the sampling distribution

    1. Caterer determines that 87% of people who sampled the food thought it was delicious. A random sample of 144 out of population of 5000 taken. The 144 are asked to sample the food. If P-hat is the proportion saying that the food is delicious, what is the mean of the sampling distribution p-hat?<

  • 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 : Define terms Terms : Terms are defined

    Terms: Terms are defined inductively by the following clauses.               (i) Every individual variable and every individual constant is a term. (Such a term is called atom

  • Q : Formal logic It's a problem set, they

    It's a problem set, they are attached. it's related to Sider's book which is "Logic to philosophy" I attached the book too. I need it on feb22 but feb23 still work

  • Q : Explain the work and model proposed by

    Explain the work and model proposed by Richardson.

  • 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 : 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 : Elasticity of Demand For the demand

    For the demand function D(p)=410-0.2p(^2), find the maximum revenue.

  • Q : Define Big-O notation Big-O notation :

    Big-O notation: If f(n) and g(n) are functions of a natural number n, we write f(n) is O(g(n)) and we say f is big-O of g if there is a constant C (independent of n) such that f

  • Q : State Measuring complexity Measuring

    Measuring complexity: Many algorithms have an integer n, or two integers m and n, as input - e.g., addition, multiplication, exponentiation, factorisation and primality testing. When we want to describe or analyse the `easiness' or `hardness' of the a