Amount of the expected disbursements


Weisbro and Sons purchase their inventory one quarter prior to the quarter of sale. The purchase price is 60 percent of the sales price. The accounts payable period is 60 days. The accounts payable balance at the beginning of quarter one is $26,200. What is the amount of the expected disbursements for quarter two given the following expected quarterly sales?

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Finance Basics: Amount of the expected disbursements
Reference No:- TGS038874

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