Calculate the total cash payments for the given months

Reference no: EM131507765

Question: A restaurant reported the following information for the months of August, September, and October, Year 0008. Of the cost of sales, 75% is paid in the current month and the remainder is paid in the following month. Of the operating expenses, 98% is paid in the current month and the remainder in the following month.

Calculate the total cash payments for the months of September and October, Year 0008.

Reference no: EM131507765

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