Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The

Question

Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning its inventories:

Inventories at beginning of March $ 408,750

Estimated purchases for March 1,602,000

Estimated cost of goods sold for March 1,639,000

Estimated payments in March for purchases in February 401,000

Estimated payments in March for purchases prior to February 73,000

Estimated payments in March for purchases in March 70%

Required: What are the estimated cash disbursements in March?

Explanation / Answer

question is not very clear sir,,

but still i think it will be

401000+73000+70% of 1602000

474000+1121400

=1595400

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