subject
Business, 26.09.2019 18:00 simmonsl7790

The wire house purchases its inventory one quarter prior to the quarter of sale. the purchase price is 65 percent of the sales price. the accounts payable period is 45 days. the accounts payable balance at the beginning of quarter 1 is $29,000. what is the amount of the expected disbursements for quarter 2 given the following expected quarterly sales? quarter 1: $26,000quarter 2: $32,000quarter 3: $39,100quarter 4: $46,100a. $33,500b. $20,100c. $23,108d. $21,500e. $26,600

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:30
ernst's electrical has a bond issue outstanding with ten years to maturity. these bonds have a $1,000 face value, a 5 percent coupon, and pay interest semiminusannually. the bonds are currently quoted at 96 percent of face value. what is ernst's pretax cost of debt?
Answers: 1
question
Business, 21.06.2019 20:30
Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:
Answers: 3
question
Business, 22.06.2019 11:30
10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect
Answers: 2
question
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
You know the right answer?
The wire house purchases its inventory one quarter prior to the quarter of sale. the purchase price...
Questions
question
Business, 02.03.2020 15:23
question
Computers and Technology, 02.03.2020 15:23
question
World Languages, 02.03.2020 15:27
question
Chemistry, 02.03.2020 16:03
Questions on the website: 13722360