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What are the estimated cash disbursements for inventories

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Question - Terry Company is preparing its cash budget for the month of April. The following information is available concerning its inventories:

Inventories, April 1 P90,000

Estimated purchases for April 440,000

Estimated cost of goods sold for April 150,000

Estimated payments in April for purchases in March 75,000

Estimated payments in April for purchases prior to March 20,000

Estimated payments in April for purchases in April 75%

Required - What are the estimated cash disbursements for inventories in April?

a. 401,250

b. 405,000

c. 425,000

d. 432,500

Reference no: EM133044462

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