Wiggles Right Forecasted Inventory Purchases of $5,000 in October, $4,000

question 53

Multiple Choice

Wiggles Right forecasted inventory purchases of $5,000 in October, $4,000 in November, and $4,000 in December. All purchases are on credit. 40% is paid in the month of the purchase, and the remainder is paid in the following month. How much cash is paid in November?

• A) $5,400
• B) $4,800
• C) $6,000
• D) $4,600

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Definitions:

Sabotage

Deliberate actions taken to damage, disrupt, or undermine the functioning, success, or integrity of a project, process, or organization.

Objectives

Specific, measurable goals that are set to be achieved within a certain timeframe.

Goals

Targets or outcomes that an individual or organization plans to achieve, often set as part of planning or performance improvement efforts.

Human Resources Framework

A structure or system within an organization dedicated to managing employee relations, development, policies, and welfare.