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Mademuasel [1]
3 years ago
15

Bramble Corp. expects to purchase $110000 of materials in July and $130000 of materials in August. Three-fourths of all purchase

s 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
Business
1 answer:
zlopas [31]3 years ago
6 0

Answer:

$125,000

Explanation:

<em>August's cash disbursements for materials purchases wiill be:</em>

= July month purchase paid amount + August month purchase paid amount

= ($110,000 * 25%) + ($130,000 * 75%)

= $27,500 + $97,500

= $125,000

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