Della Company prepared the following purchases budget: All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase.
What are the total cash payments made in October for purchases?

Question

Della Company prepared the following purchases budget:  All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase.
What are the total cash payments made in October for purchases?

Quizplus · Accepted Answer

The Answer of Della Company prepared the following purchases budget:  All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase.
What are the total cash payments made in October for purchases?

Della Company Prepared the Following Purchases Budget: All Purchases