Solution-What are the estimated cash disbursements in

What are the estimated cash disbursements in october

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Reference no: EM13550345

Estimate Cash Disbursements

Ashland Corporation, a merchandising firm, is preparing its cash budget for October. The following information is available concerning its inventories:

Inventories at beginning of October	$135,000
Estimated purchases for October	660,000
Estimated cost of goods sold for October	675,000
Estimated payments in October for purchases in September	165,000
Estimated payments in October for purchases prior to September	30,000
Estimated payments in October for purchases in October	70%

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What are the estimated cash disbursements in October?

Reference no: EM13550345

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What are the estimated cash disbursements in october

Reference no: EM13550345

Reference no: EM13550345

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