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Question 14 Company A plans to begin their operations in January of 2016 and has forecasted the following inventory purchases , all on credit :
Question 14 Company A plans to begin their operations in January of 2016 and has forecasted the following inventory purchases , all on credit : January 2016 $200, 000 February 2016 5250 000 March 2016 5300 000 April 2016 5325. 000 They project that they will pay for 25% of their monthly inventory purchases in the month o the of he purchase , 35% in the month following the purchase , and 40% in the second month following the purchase What is the forecasted cash disbursement for inventory purchases for the four - month period ( January through April )
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