Catano Corporation pays for 40% of its raw materials purchases in the month of purchase and 60% in the following month. If the budgeted cost of raw materials purchases in July is $256,550 and in August is $278,050, then in August the total budgeted cash disbursements for raw materials purchases is closest to:
(A) $265,150
(B) $153,930 (C) $166,830
(D) $111,220
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Catano Corporation pays for 40% of its raw materials purchases in the month of purchase and 60% in the following month. If the budgeted ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
skills referred to the ability to understand the relationship of parts to the whole
Answers (1)
30. In a small open economy, if consumers shift their preference toward Japanese cars, then net exports: A) fall, and the real exchange rate falls. B) fall, but the real exchange rate remains unchanged.
Answers (1)
At your new job, the human resources department ask you to bring two forms of identification before you can start working. Which of the following is the best reason for this? A. The company wants to make sure it spells her name correctly. B.
Answers (1)
Which of the following factors were used by Fama and French in their multifactor model? A. Return on the market index B. Excess return of small stocks over large stocks C. Excess return of high book-to-market stocks over low book-to-market stocks D.
Answers (1)
Which of the following best describes the difference between a convertible bond and a warrant? Convertible bonds give the investor the option to exchange bonds for shares at a certain price, whereas warrants give the investor the option to buy
Answers (1)
New Questions in Business
Item 8Item 8 Rick's Cafe is a new restaurant in town. It has Rick, (the owner), five waitstaff, two cooks, a busboy, and a hostess. He is considering hiring a manager for the restaurant and asks for your thoughts. What advice would you give him?
Answers (1)
In our lecture about Strategic fit, we learned that a company's competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services, and its supply chain strategy determines the nature of procurement and
Answers (1)
George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows: Year Season 1 2 3 4 Winter 1 comma 440 1 comma 240 1 comma 000 920 Spring 1 comma 500 1 comma 440
Answers (1)
Gabrielle and Juan both decided to skip buying health insurance coverage this year. Gabrielle has a really good immune system, and she hasn't needed to visit the doctor in a long time.
Answers (1)
Which does the news media do? Question 13 options: enable advertising entertain people warn about dangers provide information
Answers (1)