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bernie2981 bernie2981
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9 years ago
Expected purchases for June and July are $80,000 and $92,000, respectively. Purchases for May were $60,000. All purchases are paid 45% in the month of purchase and 55% the following month. At what amount are June payments for purchases budgeted?
A) $69,000
B) $86,600
C) $71,000
D) $110,400
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Managerial Accounting

Managerial Accounting


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nucleinuclei
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You make an excellent tutor!
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Just got PERFECT on my quiz
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