Mugwump Company purchased $140,000 of goods in September a…
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Mugwump Cоmpаny purchаsed $140,000 оf gоods in September аnd expects to purchase $130,000 of goods in October. Mugwump typically pays for 20% of purchases in the month of purchase and 80% in the following month. Every month, Lambert must make the following payments: Rent -- $5,000 Wages -- $14,000 Utilities - $3,000 Telephone - $400 Loan on equipment - $1,200 In mid-October, Lambert expects to buy a new computer for $4,500 using the company credit card. Typically, the credit card bill is paid in full the following month. September credit card purchases totaled $6,000. What is Mugwump's expected cash disbursement for purchases of goods in October?
Mugwump Cоmpаny purchаsed $140,000 оf gоods in September аnd expects to purchase $130,000 of goods in October. Mugwump typically pays for 20% of purchases in the month of purchase and 80% in the following month. Every month, Lambert must make the following payments: Rent -- $5,000 Wages -- $14,000 Utilities - $3,000 Telephone - $400 Loan on equipment - $1,200 In mid-October, Lambert expects to buy a new computer for $4,500 using the company credit card. Typically, the credit card bill is paid in full the following month. September credit card purchases totaled $6,000. What is Mugwump's expected cash disbursement for purchases of goods in October?
Mugwump Cоmpаny purchаsed $140,000 оf gоods in September аnd expects to purchase $130,000 of goods in October. Mugwump typically pays for 20% of purchases in the month of purchase and 80% in the following month. Every month, Lambert must make the following payments: Rent -- $5,000 Wages -- $14,000 Utilities - $3,000 Telephone - $400 Loan on equipment - $1,200 In mid-October, Lambert expects to buy a new computer for $4,500 using the company credit card. Typically, the credit card bill is paid in full the following month. September credit card purchases totaled $6,000. What is Mugwump's expected cash disbursement for purchases of goods in October?
Mugwump Cоmpаny purchаsed $140,000 оf gоods in September аnd expects to purchase $130,000 of goods in October. Mugwump typically pays for 20% of purchases in the month of purchase and 80% in the following month. Every month, Lambert must make the following payments: Rent -- $5,000 Wages -- $14,000 Utilities - $3,000 Telephone - $400 Loan on equipment - $1,200 In mid-October, Lambert expects to buy a new computer for $4,500 using the company credit card. Typically, the credit card bill is paid in full the following month. September credit card purchases totaled $6,000. What is Mugwump's expected cash disbursement for purchases of goods in October?
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