How much will august cash disbursements for materials

Assignment Help Accounting Basics
Reference no: EM131671427

Question - Swifty Corporation expects to purchase $140000 of materials in July and $160000 of materials in August. Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How much will August's cash disbursements for materials purchases be?

Reference no: EM131671427

Questions Cloud

Research the latest case law concerning probable cause : Discuss the possible changes you see coming in this area as it relates to the Bill of Rights. Provide a rationale for your response.
Discuss case of-the aluminum association reports : The Aluminum Association reports that the average American uses 56.8 pounds of aluminum in a year. A random sample of 51 households is monitored for one year.
The impact of developmental processes : Consider the role each process-cognitive, physical, and social-emotional-plays on the development of an individual.
Compute the standard cost of one unit of product : Sonic, Inc. is planning to produce 2,500 units of product in 2016. Compute the standard cost of one unit of product
How much will august cash disbursements for materials : Three-fourths of all purchases are paid for in the month of purchase, How much will August's cash disbursements for materials purchases be
Why direct marketing companies are turning to the internet : What is the probability that 78% or more of direct marketing companies are turning to the Internet for new opportunities?
How much will august cash disbursements for materials : Waterway Industries expects to purchase $190000 of materials in July and $200000 of materials in August. How much will August cash disbursements
What is the probability of randomly sampling women : What is the probability of randomly sampling 140 women 16 years of age or older and getting 35 or more who do volunteer work?
Calculate roe using the dupont system : Calculate Return on Equity (ROE) using the DuPont system. Assess management performance by calculating Economic Value Added (EVA).

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the depreciation expense

Compute the depreciation expense that Bush will record on each of the three assets for 2014. Do not round intermediate calculations

  Determining pension worksheet-journal entries

Using the above information for ABC co., prepare a pension work sheet for 2008. Indicate (credit) entries by parentheses. Calculated amounts should be supported. Prepare the journal entries to reflect the accounting for the company's pension plan f..

  Prepare a cash budget for june

Prepare a cash budget for June. Support your budget with a schedule of expected cash collections from sales and a schedule of expected cash disbursements for inventory purchases.

  What costs should patrick capitalize for the computer

At the beginning of the year. Patrick Company acquired a computer to be used in its operations. What is the objective of depreciation accounting

  Earnings per share for the year

Compute Dow's earnings per share for the year ended December 31, 2011. (Do not round intermediate calculations. Round your answers to 2 decimal places.

  The peace company has the following functional traditional

the peace company has the following functional traditional income statement for the priornbspmonth.sales50 100000

  The organization of the corporation

1.Freitas Corporation was organized early in 2013. The following expenditures were made during the first few months of the year:

  Prepare the journal entry to record the large percent stock

Refer to E11-12. Prepare the journal entry to record (a) the small 12 percent stock dividend and, alternatively, (b) the large 100 percent stock dividend mentioned in requirement 2 of E11-12. Refer E11-12 Common stock (par $10; authorized 60,000 shar..

  Describe the apparent differences in the order

1.Air France KLM (AF), a French company, prepares its financial statements according to International Financial Reporting Standards.

  The company desires that the inventory on hand at the end

walsh company expects sales of product w to be 59000 units in april 74000 units in may and 69000 units in june. the

  The following were selected from among the transactions

The following were selected from among the transactions completed by Mair Co. during the current year. Mair Co. sells and installs home and business security systems.

  Compute earnings per share

Culver Inc. presented the following data. Compute earnings per share

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd