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Lao Shu Mouse Company expects to purchase $90,000 of materials in July and $ 1 05,000 of materials in August. Three-quarters (75%) of all purchases
Lao Shu Mouse Company expects to purchase $90,000 of materials in July and $ 1 05,000 of materials in August. Three-quarters (75%) of all purchases are paid for in the month of purchase, and the other one-fourth (25%) are paid for in the month following the month of purchase. How much will August's cash disbursements (CDJ) for materials purchases be? $67, 500 S7S.750 $101, 250 SI 05,000
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