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Question 5 (4 points) Planet Company purchased goods worth $50,000 in July and expects to purchase goods worth $70,000 in August Planet typically pays for
Question 5 (4 points) Planet Company purchased goods worth $50,000 in July and expects to purchase goods worth $70,000 in August Planet typically pays for 35% of purchases in the month of purchase and 65% in the following month. What are Planet Company's total expected cash disbursements for purchases in the month of August? $60,000 O $40,000 $57.000 $65.000 Question 6 (4 points) Direct materials needed for production is calculated by adding units to be produced to direct materiale per unit dividing units to be produced by direct materials per unit. M u ltiplying units to be produced by direct matenals per unit ulteracting units to be produced from direct materials per unit i Question 7 (4 points) Which of the following could be considered a segment? division product-line All of these O sales territory Question 8 (4 points) Classe E Parties, Inc. has a beginning cash balance of $92,000 in July. The company maintains a minimum cash balance of 530,000. July cash receipts are budgeted to be $128,000. July cash disbursements are expected to total 5162,000. How much will Class2Canoe need to borrow in July? U $50.000 SO $38.000 584.000
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