Bandaloon Foods expects to make the following inventory purchases during the last three months of the year: $$\begin{array} { l l }
\text { Month } & \text { Purchases } \
\text { October } & \$ 80,000 \
\text { November } & 100,000 \
\text { December } & 160,000
\end{array}$$ During September, Bandaloon purchased $72,000 of inventory. The restaurant typically pays for 25% of the inventory purchases within the month of the purchase and 75% in the following month. How much are estimated cash disbursements in November for inventory purchases?

Question

Bandaloon Foods expects to make the following inventory purchases during the last three months of the year: $$\begin{array} { l l } 
\text { Month } & \text { Purchases } \
\text { October } & \$ 80,000 \
\text { November } & 100,000 \
\text { December } & 160,000
\end{array}$$ During September, Bandaloon purchased $72,000 of inventory. The restaurant typically pays for 25% of the inventory purchases within the month of the purchase and 75% in the following month. How much are estimated cash disbursements in November for inventory purchases?

Quizplus · Accepted Answer

The Answer of Bandaloon Foods expects to make the following inventory purchases during the last three months of the year: $$\begin{array} { l l } 
\text { Month } & \text { Purchases } \
\text { October } & \$ 80,000 \
\text { November } & 100,000 \
\text { December } & 160,000
\end{array}$$ During September, Bandaloon purchased $72,000 of inventory. The restaurant typically pays for 25% of the inventory purchases within the month of the purchase and 75% in the following month. How much are estimated cash disbursements in November for inventory purchases?

Bandaloon Foods Expects to Make the Following Inventory Purchases During