Merrell Enterprises Had the Following Purchases Budgeted for the Last

question 51

Multiple Choice

Merrell Enterprises had the following purchases budgeted for the last six months of 2009:
$\begin{array}{lr}\text { July } & \$ 100000 \\\text { August } & 80000 \\\text { September } & 90000 \\\text { October } & 70000 \\\text { November } & 90000 \\\text { December } & 100000\end{array}$
Merrell pays one-half of a month's purchases in the month of purchase and the remainder in the following month.What are expected total cash disbursements for the last quarter of 2009?

• A) $210 000
• B) $255 000
• C) $130 000
• D) $260 000

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The use of physical or mental energy to achieve something; often involves hard work or striving towards a goal.

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The level of challenge and effort required to successfully complete a task or assignment.

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