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What are the expected cash disbursements for december

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Reference no: EM132598243

The company pays 25% in the month of it's purchases of inventory. The balance is paid in the following month.

Question 1: All operating expenses are paid in the month they are due. Given this data, what are the expected cash disbursements for December?

October purchases $100,000

December purchases $120,000

November purchases $50,000

January purchases $200,000

December Operating Expenses:

Salaries $40,000

Rent & utilities $1,500

Selling $ 5,000

Depreciation $2,000

Promotion $ 500

Administration $2,500

Reference no: EM132598243

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