need solution to the following question posted:

Project Description:

powerdyne company’s cost of goods sold is consistently 60% of sales. the company plans to carry ending merchandise inventory for each month equal to 40% of the next month’s budgeted cost of good sold. all merchandise is purchased on credit, and 50% of the purchases made during a month is paid for in that month. another 35% is paid for during the first month after purchase, and the remaining 15% is paid for during the second month after purchase. expected sales are: august (actual), $150,000; september (actual), $350,000; october (estimated), $200,000; november (estimated), $300,000.
use this information to determine october’s expected cash payments for purchases.
Skills Required:
Project Stats:

Price Type: Negotiable

Expired
Total Proposals: 12
1 Current viewersl
30 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.8
    552 Jobs 390 Reviews
    $0 in 0 Day
  • 4.8
    405 Jobs 248 Reviews
    $0 in 0 Day
  • 4.3
    309 Jobs 189 Reviews
    $10 in 0 Day
  • 4.9
    287 Jobs 248 Reviews
    $10 in 0 Day
  • 4.5
    99 Jobs 58 Reviews
    $0 in 0 Day
  • 4.1
    70 Jobs 30 Reviews
    $15 in 0 Day
  • 4.6
    648 Jobs 468 Reviews
    $0 in 0 Day
  • 4.8
    4 Jobs 4 Reviews
    $0 in 0 Day
  • 4.9
    23 Jobs 13 Reviews
    $10 in 0 Day