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What are the estimated cash disbursements in march

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Reference no: EM132506914

Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning its inventories:

Inventories at beginning of March$378,750

Estimated purchases for March 1,485,000

Estimated cost of goods sold for March 1,518,750

Estimated payments in March for purchases in February 371,250

Estimated payments in March for purchases prior to February 67,500

Estimated payments in March for purchases in March 60%

Required:

Question 1: What are the estimated cash disbursements in March?

Reference no: EM132506914

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