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What would be the cash disbursements for month 3? Description Month 1 Month 2 Month 3 Month 4 Material Purchases $ 175,000.00 $ 185,000.00 $
What would be the cash disbursements for month 3? | ||||
Description | Month 1 | Month 2 | Month 3 | Month 4 |
Material Purchases | $ 175,000.00 | $ 185,000.00 | $ 215,000.00 | $ 190,000.00 |
Amount paid in month of purchase | 65.00% | |||
Amount paid in month after purchase | 30.00% | |||
Amount paid two months after purchase | 5.00% | |||
Discounts in month of purchase | 3.50% | |||
Discount in month after purchase | 1.00% | |||
Total Cash disbursements in month 3 | ||||
Show your work below | ||||
Description | Month 1 | Month 2 | Month 3 | |
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