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I also need May, June, and July columns done please. Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of
I also need May, June, and July columns done please.
Cash disbursements schedule Maris Brothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given here and the following information in its preparation Sales February $525.000, March $488,000. April $541,000. May $606,000 June $659,000. July $643,000 Purchases: Purchases are calculated as 61% of the next month's sales, 11% of purchases are made in cash, 47% of purchases are paid for 1 month after purchase, and the remaining 42% of purchases are paid for 2 months after purchase. Rent. The firm pays rent of $7.980 per month Wages and salanes: Base wage and salary costs are fixed at $5.600 per month plus a variable cost of 6.6% of the current month's sales. Taxes: A tax payment of $54,300 is due in June. Fixed asset outlays: New equipment costing $75,500 will be bought and paid for in April Interest payments: An interest payment of $29.700 is due in June Cash dividends: Dividends of $12,800 will be paid in April Principal repayments and retirements: No principal repayments or retirements are due during these months. Complete the cash disbursements schedule for Maris Brothers, Inc. below. (Round to the nearest dolar) May Jun Schedule of Projected Cash Disbursements for Maris Brothers, Inc. Feb Mar Apr Sales Disbursements $ $ $ S Disbursements Purchases Cash 1 month delay 2 month delay s Rent Wanes and calan Enter any number in the edit fields and then click Check Answer. parts remaining Clear Rent Wages and salary Fixed Variable Taxes A A A Fixed assets A Enter any number in the edit fields and then click Check Answer. Variable Taxes Fixed assets Interest Cash dividends Total DisbursementsStep by Step Solution
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