Villa Company Has the Following Information: Purchases Are Paid

question 54

Multiple Choice

Villa Company has the following information: Purchases are paid as follows:
10% in the month of purchase
50% one month after purchase
40% two months after purchase
What is the estimated cash disbursement in May from April purchases?

• A)$11,072
• B)$11,792
• C)$13,840
• D)$17,740

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