Business, 22.04.2021 17:10 lashaaungas

Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning its inventories: Inventories at beginning of March $468,750
Estimated purchases for March 1,836,000
Estimated cost of goods sold for March 1,879,000
Estimated payments in March for
purchases in February 461,000
Estimated payments in March for
purchases prior to February 85,000
Estimated payments in March for
purchases in March 70%
Required:
What are the estimated cash disbursements in March?

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Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following informati...