Solved: Dane inc has forecast purchases on account to be 465000 in, Accounting Basics

+44 141 628 6080
[email protected]

Dane inc has forecast purchases on account to be 465000 in

Show calculation for this question

Dane Inc has forecast purchases on account to be $465,000 in March, 555,000 in April, $630,000 in May, and $735,000 in June. Seventy percent of purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash payments for April?

a. 528,000
b. 577,500
c. 388,500
d. 189,000

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Dane inc has forecast purchases on account to be 465000 in

Reference No:- TGS02557741

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

How ensure that the youth understand what study involves

What is another way to say ". It is important to ensure that the youth understand what the study involves, what their participation entails

Is early food experiences can impact development

Early food experiences can impact development over several learning domains, including Social and Emotional Development, Language

Why you feel unpleasantly hot and sweaty

Working in the yard, you feel unpleasantly hot and sweaty when you come in the house, so you take a shower and begin to feel better.

How teenagers in an impoverished urban area spend their time

The purpose is to examine the psychological factors affecting how teenagers in an impoverished urban area spend their time outside of school using:

Discuss children diagnosed with developmental disabilities

When Min decided to begin his supervised field experience, he applied at a company in his hometown that provided applied behavior analysis

Discussion about gender stereotyping

Prior to your taking this graduate HR law class you had heard of the term "gender stereotyping," but didn't know much about it.

Outline a social issue that is important to you

Outline a social issue that is important to you. Describe why it is important to you, why it is important from a societal perspective and how you think

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Dane inc has forecast purchases on account to be 465000 in

Reference No:- TGS02557741

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What are budgeted selling and administrative expenses for

Q : Income tax returns here is the distribution of the adjusted

Q : Nearly six months since japan established its first

Q : Foreign-language study choose a student in grades 9 to 12

Q : Dane inc has forecast purchases on account to be 465000 in

Q : In 2010 dr roy garcia retired as vice president for rd from

Q : Why might the police think that cpted has potential in

Q : Identify and discuss hr planning and recruitment in a

Q : Who eats breakfast the following two-way table describes