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

question 12

Multiple Choice

Weisbro and Sons purchases its inventory one quarter prior to the quarter of sale.The purchase price is 60% of the sales price.The accounts payable period is 60 days.The accounts payable 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 $31,000
Quarter 2 $34,000
Quarter 3 $42,000
Quarter 4 $51,000

• A)$19,200
• B)$20,400
• C)$22,000
• D)$25,200
• E)$32,000

---

Definitions:

Level Of Anxiety

The degree or intensity of worry, unease, or nervousness typically about an imminent event or something with an uncertain outcome.

Tendency

An inclination towards a particular characteristic, behavior, or way of doing something.

Anxious Group

A collective of individuals who consistently exhibit high levels of anxiety, often studied in psychological research.

Dependent Variable

In an experiment, it is the variable being tested and measured, affected by the manipulation of the independent variable.