Examlex

Solved

Dex Industries Expects to Purchase $120000 of Materials in March

question 128

Multiple Choice

Dex Industries expects to purchase $120000 of materials in March and $140000 of materials in April. Three-fourths of all purchases are paid for in the month of purchase and the other one-fourth are paid for in the month following the month of purchase. In addition a 2% discount is received for payments made in the month of purchase. How much will April's cash disbursements for materials purchases be?


Definitions:

Organizational Objectives

Specific goals a company or organization aims to achieve, guiding its internal strategy and decision-making processes.

Motivate Employees

Strategies or actions undertaken to inspire and encourage workers towards achieving goals and enhancing performance.

Centralized Structures

Organizational structures where decision-making authority is concentrated at a high level, with few individuals or a single entity controlling the organization.

Upward Communication

The flow of information from lower levels of a hierarchy to the higher-ups, aiding in decision-making and organizational effectiveness.

Related Questions