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please show how to solve. thank you Mega Ltd. has the following budgeted sales and purchases for the first two months of 20x4 Budgeted Sales
please show how to solve. thank you
Mega Ltd. has the following budgeted sales and purchases for the first two months of 20x4 Budgeted Sales Budgeted Purchases January $363969 $257665 February 129193 84067 Mega's historical cash collection and disbursement pattems are as follows: Sales: 43% collected in the month of sale: 57% collected in the month following the sale Purchases: 72% paid for in the month purchased: 28% paid for in the following month What are the total budgeted cash disbursements for purchases for February 20x4? Select one: 5a. $60528 b. $194930 c. $132674 d. $209058Step by Step Solution
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