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Weisbro and Sons Purchase Its Inventory One Quarter Prior to the Quarter

question 74

Multiple Choice

Weisbro and Sons purchase its inventory one quarter prior to the quarter of sale. The purchase price is 60% of the sales price. The trade payables period is 60 days. The trade payables balance at the beginning of quarter one is £ 27,500. What is the amount of the expected disbursements for quarter two given the following expected quarterly sales? Assume that a year has 360 days.
Quarter 1£31,0001 \quad £ 31,000
Quarter 2£34,0002 \quad £ 34,000
Quarter 3£42,0003 \quad £ 42,000
Quarter 4£51,0004 \quad £ 51,000

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Definitions:

Acetaldehyde

A volatile, colorless, and flammable liquid with a pungent smell, used as a precursor to various chemicals and in the synthesis of drugs.

OCH Bond Angle

The angle formed between an oxygen, carbon, and hydrogen atom within a molecule, important for determining molecular geometry.

Cis-trans Isomers

Molecules with the same molecular formula but differing in the spatial arrangement of atoms or groups around a double bond or ring structure, leading to distinct properties.

Constitutional Isomers

Molecules that have the same molecular formula but differ in the way their atoms are connected.

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