Business
Business, 05.05.2020 04:19, recon12759

Cave Hardware's forecasted sales for April, May, June, and July are $150,000, $250,000, $100,000, and $290,000, respectively. Sales are 60% cash and 40% credit with all accounts receivables collected in the month following the sale. Cost of goods sold is 80% of sales and ending inventory is maintained at $55,000 plus 20% of the following month's cost of goods sold. All inventory purchases are paid 26% in the month of purchase and 74% in the following month. What are the budgeted cash payments in June to account for the inventory purchases at Cave Hardware?

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 11:00, dxpebetty64
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
image
Business, 22.06.2019 21:10, brandonkelly104
In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand
Answers: 1
image
Business, 22.06.2019 23:10, marissasabino111
How are credit unions similar to banks
Answers: 1
image
Business, 23.06.2019 01:00, claudr03
Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs
Answers: 1
Do you know the correct answer?
Cave Hardware's forecasted sales for April, May, June, and July are $150,000, $250,000, $100,000, an...

Questions in other subjects:

Konu
Mathematics, 03.02.2021 02:20
Konu
Mathematics, 03.02.2021 02:20