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I have seen this posted before and it's received mixed answer results. Could someone please explain how you arrive at the correct answer? Colly Inc.
I have seen this posted before and it's received mixed answer results. Could someone please explain how you arrive at the correct answer? Colly Inc. pays 20% in the cost of purchases in the month purchased and 60% in the month after and 40% in the month after that, how much cash will be disbursed in the month after a $108,000 purchase? A. $64,800 B. $21,600 C. $43,200 D. None of the above I think it's A because it's the month after the purchase is made, but other answers posted have been all over the place. Which is it? Thanks!
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