Wire house purchases its inventory one quarter to the

Reference no: EM13618430

Wire house purchases its inventory one quarter to the quarter of sale. The purchase price is 55 percent of the sales price. The accounts payable period is 45 days. The accounts payable balance at the begining of quarter one is 62,000. What is the amount of the expected disbursements for quarter two given the folowing expected quarterly sales?

Reference no: EM13618430

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