--%>
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 : 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 : First-order formulas over the

    Consider the unary relational symbols P and L, and the binary relational symbol On, where P(a) and I(a) encode that a is apoint and a (sraight) line in the 2-dimensional space, respectively, while On(a,b) encodes  that a is a point, b is a line, and o lies on b.

    		•
  • Q : Numerical Analysis Hi, I was wondering

    Hi, I was wondering if there is anyone who can perform numerical analysis and write a code when required. Thanks

    		•
  • Q : Explain a rigorous theory for Brownian

    Explain a rigorous theory for Brownian motion developed by Wiener Norbert.

    		•
  • Q : How to calculate area of pyramid

    Calculate area of pyramid, prove equation?

    		•
  • Q : What is limit x tends to 0 log(1+x)/x

    What is limit x tends to 0  log(1+x)/x to the base a?

  • 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 : Mathematical and Theoretical Biology

    Mathematical and theoretical biology is an interdisciplinary scientific research field with a range of applications in the fields of biology, biotechnology, and medicine. The field may be referred to as mathematical biology or biomathematics to stress the mathematical

    		•
  • Q : Problem on reduced row-echelon The

    The augmented matrix from a system of linear equations has the following reduced row-echelon form. 280_row echelon method.jpg

    		•
  • Q : Properties for polynomial Specify the

    Specify the important properties for the polynomial.

    		•