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

question 43

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 $\quad \$ 31,000$
Quarter $2 \quad \$ 34,000$
Quarter $3 \quad \$ 42,000$
Quarter $4 \quad \$ 51,000$

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

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Definitions:

Anaerobic Bacteria

Bacteria that can live and grow in environments lacking oxygen.

Wound Drainage

The flow of fluid, which may contain blood, pus, or other liquids, from a wound, indicating the body's response to injury or infection.

Exudate

Fluid, such as pus or clear fluid, that leaks out of blood vessels into nearby tissues as a result of inflammation or injury.

Superficial Wounds

Injuries that affect only the surface layers of the skin, often requiring minimal medical treatment.