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Broihan Corporation has the following purchases budget for the last half of 2002: July$100,000August80,000September110,000 October November December $ 90 , 000 100 , 000 94

Broihan Corporation has the following purchases budget for the last half of 2002:

July$100,000August80,000September110,000

October November December

$ 90,000 100,000 94,000 

Historically, the company pays one half at the time of purchase and the remainder in the month following purchase.

What are the expected cash disbursements in August? a. $ 80,000.

b. $ 90,000. c. $ 95,000. d. $100,000 e. $105,000

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