Purchase Solution

cash disbursements

Not what you're looking for?

Ask Custom Question

Dokken& Dietrich's Donut company pays 25% of its inventory purchases in the month of the purchase and the remainder in the following month. The company's inventory purchases totaled $840,000 in October, $920,000 in November, and $600,000 in December. The company also paid for new equipment with a total cost of $380,000 in November and made a tax payment of $130,000 in December. Salaries and wages were $300,000 in November and $275,000 in December.
Determine the firm's cash disbursements for November and December

Purchase this Solution

Solution Summary

The expert determines the firm's cash disbursement for November and December.

Purchase this Solution


Free BrainMass Quizzes
SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Motivation

This tests some key elements of major motivation theories.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Lean your Process

This quiz will help you understand the basic concepts of Lean.