The Thunder Dan's Corporation's Purchases from Suppliers in a Quarter

question 14

Multiple Choice

The Thunder Dan's Corporation's purchases from suppliers in a quarter are equal to 65 percent of the next quarter's forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 16 percent of sales, and interest and dividends are $60 per quarter. No capital expenditures are planned. Sales for the first quarter of the following year are projected at $720. The projected quarterly sales are: What is the amount of the total disbursements for Quarter 2?

• A)$564.27
• B)$579.43
• C)$582.15
• D)$585.30
• E)$590.67

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Definitions:

No Ovary Status

A medical or physiological condition indicating the absence of one or both ovaries.

Seventh Characters

Specific characters in medical coding that provide additional information about the patient's encounter or treatment.

Nonunion

The failure of the ends of a fractured bone to heal and join together, requiring medical intervention to correct.

Subsequent Encounter

A term used in medical billing and coding to denote a follow-up visit for care or treatment after the initial episode of care.