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Answer:
Total disbursement for Q2 $579,43
Explanation:
We will assume the sales are purchase are uniform during the year.
therefore days 1-30 sales are paid within the quarter
and day 31 to 90 are paid the next quarter:
Q1:
Purchase for Q2 x 65% = 660 x 65% = 429
Q2:
dividends = 60 dollars
wages taxes and other 660 x 16% = 105.6
<u>payment to suppliers</u>
remainder of next quarter:
660 x 65% x 2/3 =286
payment of this quarter purchase:
590 x 65% x 1/3 = 383,5 x 1/3 = 127,83
Total disbursements:
60 + 105.6 + 286 + 127.83 = 579,43
1. 53.33% U = p/(a*m) = 16/(10*3) =16/30 = 53.33%
2. Ca=10 months / 10months = 1, Cp = 32 months / 16 months = 2 Tq= (16/3)*[(0.5333)^(sqrt(2*(3+1))-¬‐1)/(1-¬‐(0.5333))]*(1^2 + 2^2)/2= 9.0 months
T= Tq + p = Tq + 16 months = 25 months
3. p = p / a = 16 / 10 = 1.6