The invoice cost for merchandise purchases represents 75% of the sales price. All purchases are paid in cash. How much are the budgeted cash disbursements for December?
A) $345,000
B) $510,000
C) $525,000
D) $492,000

Question

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The Answer of The invoice cost for merchandise purchases represents 75% of the sales price. All purchases are paid in cash. How much are the budgeted cash disbursements for December?
A) $345,000
B) $510,000
C) $525,000
D) $492,000

The Invoice Cost for Merchandise Purchases Represents 75% of the Sales