The Following Are Budgeted Data for the Bingham Corporation, a Merchandising

question 121

Multiple Choice

The following are budgeted data for the Bingham Corporation, a merchandising company: Assume that all purchases are paid for in the month following the month of purchase. The cash disbursements for purchases that would appear in the April cash budget would be:

• A)$180,000
• B)$157,500
• C)$240,000
• D)$217,500

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