Question: Please answer ASAP and i will leave thumbs up! Wilco, Inc. budgets materials purchases for the last six months of the year as: Wilco has
Please answer ASAP and i will leave thumbs up!
Wilco, Inc. budgets materials purchases for the last six months of the year as: Wilco has also established the following disbursements pattern: 50% paid in the month of purchase and 50% paid in the month following purchase. In addition, Wilco has operating expenses of $25,000 per month which includes $2,000 of depreciation and amortization (non-cash). Wilco also purchases a piece of equipment in October for which they pay $5,000 cash and sign a $5,000 note payable. What amount will Wilco's budget for October cash disbursements? $100,000 Some other answer $90,500 $92,500 $97,500
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