Diva Donuts purchases are equal to 79 percent of the following month's sales.The accounts payable period for purchases is 30 days while all other expenditures are paid in the month in which they are incurred.Assume each month has 30 days.The company has compiled the following information. What is the total amount of the firm's disbursements for the month of June?

Question

Diva Donuts purchases are equal to 79 percent of the following month's sales.The accounts payable period for purchases is 30 days while all other expenditures are paid in the month in which they are incurred.Assume each month has 30 days.The company has compiled the following information.  What is the total amount of the firm's disbursements for the month of June?

Quizplus · Accepted Answer

The Answer of Diva Donuts purchases are equal to 79 percent of the following month's sales.The accounts payable period for purchases is 30 days while all other expenditures are paid in the month in which they are incurred.Assume each month has 30 days.The company has compiled the following information.  What is the total amount of the firm's disbursements for the month of June?

Diva Donuts Purchases Are Equal to 79 Percent of the Following