T-mart purchased 100000 of merchandise in august and


Question: 1. T-Mart purchased $100,000 of merchandise in August and expects to purchase $120,000 in September. Merchandise purchases are paid as follows: 25% in the month of purchase and 75% in the following month. Compute cash disbursements for merchandise for September.

2. Splinter Company forecasts sales of 6,000 units for April. Beginning inventory is 1,000 units. The desired ending inventory is 30% higher than the beginning inventory. How many units should Splinter purchase in April?

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Accounting Basics: T-mart purchased 100000 of merchandise in august and
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