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?

• A) $88200
• B) $108200
• C) $132900
• D) $120000

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Definitions:

Situational Contingency

The concept that the effectiveness of leadership or decision-making strategies depends on situational factors or contexts.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, characterized by inspiring and motivating followers to exceed their own interests for the good of the group or organization.

Transformational Leaders

Individuals who inspire and motivate followers to exceed their own self-interests for the good of the organization and foster significant changes.

Situational Leadership

A leadership theory that proposes the best course of action depends on various situational factors.