One of the purposes of a cash budget is to: Select one: a. provide iABC Inc. purchases all of its inventory on credit. During July 2019, the company purchased $100,000 in inventory. During August 2019, it purchased $200,000 in inventory. The company pays for 30% of its purchases in the month of purchase while the remainder is paid for in the month following the purchase. How much cash did ABC disburse during August 2019 with respect to these purchases? Select one:

a. $100,000 b. $130,000 c. $170,000 d. $30,000nformation on the company's ability to repay loans 

b. determine estimated production levels for the next period 

c. determine the budgeted change in depreciation expense 

d. provide information regarding accounts payable balances with suppliers

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