Wake Me Up is a wholesaler of coffee makers. In the current year, actual September...
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Wake Me Up is a wholesaler of coffee makers. In the current year, actual September sales revenue totaled $200,000 and the cost of sales was $80,000. October sales are expected to increase 10% above September sales. November sales are expected to increase 10% above October sales. December sales are expected to be $200,000. Prices are set to achieve a 60% gross profit. The company wants to maintain an ending merchandise inventory equal to 15% of the next month's cost of sales. The ending inventory requirement was met at the end of September. Accounts Payable consist solely of inventory purchases. Purchases from suppliers carry payment terms of net 30. What is Wake Me Up's expected cash disbursement in November to its supplier? O A. $91,300 O B. $102,520 O C. $94.280 D. $108,800 O E. $89,320
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