Wiggles Right forecasted inventory purchases of $5,000 in October, $4,000 in November, and $4,000 in December. All purchases are on credit. 40% is paid in the month of the purchase, and the remainder is paid in the following month. How much cash is paid in November?
A) $5,400
B) $4,800
C) $6,000
D) $4,600

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The Answer of Wiggles Right forecasted inventory purchases of $5,000 in October, $4,000 in November, and $4,000 in December. All purchases are on credit. 40% is paid in the month of the purchase, and the remainder is paid in the following month. How much cash is paid in November?
A) $5,400
B) $4,800
C) $6,000
D) $4,600

Wiggles Right Forecasted Inventory Purchases of $5,000 in October, $4,000