Business, 24.07.2019 11:30 marwaalsaidi

Acti manufacturing corporation is estimating the following raw material purchases for the final four months of the year:
september $ 830,000
october $ 940,000
november $ 860,000
december $ 780,000
at acti, 40% of raw materials purchases are normally paid for in the month of purchase. the remaining 60% is paid for in the month following the purchase. how much cash should acti expect to pay out for raw material purchases during november?

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Acti manufacturing corporation is estimating the following raw material purchases for the final four...

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