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Purchases on Account Are Given Below 55% of the Month's Purchases Will Be Paid in the |

question 57

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Purchases on account are given below:  October  November  December 30,00040,00050,000\begin{array} { | r | r | r | } \hline \text { October } & \text { November } & \text { December } \\\hline 30,000 & 40,000 & 50,000 \\\hline\end{array} 55% of the month's purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month.
How much will the cash payments for purchases be in December?

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Definitions:

Wholesalers

Businesses or individuals that purchase large quantities of goods from manufacturers or importers to sell in smaller quantities to retailers or other businesses.

Product Placement

A consumer sales promotion tool that uses a brand-name product in a movie, television show, video game, or a commercial for another product.

FedEx Truck

A vehicle used by FedEx, a global courier delivery services company, for the transportation and delivery of packages and goods.

Case Ordered

The quantity of a product that is requested or purchased in a single order, typically measured in physical packaging like boxes or cases.

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