Peach Company has the following information: Purchases are paid as follows:
75% in the month of purchase
25% one month after purchase
What is the estimated cash disbursement for purchases in March?
A)$22,500
B)$24,750
C)$29,500
D)$39,000

Question

Peach Company has the following information:  Purchases are paid as follows:
75% in the month of purchase
25% one month after purchase
What is the estimated cash disbursement for purchases in March?
A)$22,500 
B)$24,750 
C)$29,500 
D)$39,000

Quizplus · Accepted Answer

The Answer of Peach Company has the following information:  Purchases are paid as follows:
75% in the month of purchase
25% one month after purchase
What is the estimated cash disbursement for purchases in March?
A)$22,500 
B)$24,750 
C)$29,500 
D)$39,000

Peach Company Has the Following Information: Purchases Are Paid