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Please look at picture and help me with solving! Car Products, Inc. Cash Budget Year Ending December 31 Quarter Cash collections from sales 4th quarter
Please look at picture and help me with solving!
Car Products, Inc. Cash Budget Year Ending December 31 Quarter Cash collections from sales 4th quarter prior year (given) 1st quarter 2nd quarter 3rd quarter 4th quarter Total cash collections b. Purchases cash payments budget s 600,000 Corect s 2 702,000 Incorrect 3 Incorrect Car Products, Inc. Cash Budget Year Ending December 31 Quarter Cash payments for purchases of materials 2 Incorrect 3 Incorrect 4 Incorrect 4 Incorrect Year s 600,000 Year 434,928) 4th quarter prior year (given) 1st quarter 2nd quarter 3rd quarter 4th quarter Total cash payments for purchases (S 45,000) ( 391,435) (S436:435) Corect Year data is: Conect Conect Incorrect Incorrect Incorrect Incorrect Incorrect Conect Incorrect Incorrect Incorrect Incorrect
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
9th Edition
125972266X, 9781259722660
