Deprecation Advert Other Com 75 55 350 Cash dividends for the store of $710 thousand are declared during the third month of each quarter and are paid during the first month of the following quarter. Operating expenses, except insurance, rent and depreciation are paid as incurred. The prepaid insurance is for five more months. Cost of goods sold is equal to cow of sales. Ending inventories are sufficient for 150% of the next month's cost of sales. Purchases during any given month are paid in full during the following month. Cash sales account for 50% of the revenue of the credit sales, 60% are collected in the next month and 40% are collected in the month after Money can be borrowed and repaid in multiples of $100 thousand at an interest rate of 12% per year. The company desires a minimum cash balance of $2 milion on the Best of each month. At the time the principal is repaid interest is paid on the portion of principal that is repaid All borrowing is at the beginning of the month, and all repayments at the end of the month. Money is never repaid at the end of the month it is borrowed Part A Part Part Parto Porte Porte Prepare a purchases budget for each month of the second quarter ending june 30 NORDSTROMS Monthly Purchase Budget in thousands) Quarter Ending june 30 April May Total loded burda Deprecation Advert Other Com 75 55 350 Cash dividends for the store of $710 thousand are declared during the third month of each quarter and are paid during the first month of the following quarter. Operating expenses, except insurance, rent and depreciation are paid as incurred. The prepaid insurance is for five more months. Cost of goods sold is equal to cow of sales. Ending inventories are sufficient for 150% of the next month's cost of sales. Purchases during any given month are paid in full during the following month. Cash sales account for 50% of the revenue of the credit sales, 60% are collected in the next month and 40% are collected in the month after Money can be borrowed and repaid in multiples of $100 thousand at an interest rate of 12% per year. The company desires a minimum cash balance of $2 milion on the Best of each month. At the time the principal is repaid interest is paid on the portion of principal that is repaid All borrowing is at the beginning of the month, and all repayments at the end of the month. Money is never repaid at the end of the month it is borrowed Part A Part Part Parto Porte Porte Prepare a purchases budget for each month of the second quarter ending june 30 NORDSTROMS Monthly Purchase Budget in thousands) Quarter Ending june 30 April May Total loded burda