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Question - The January 1983 budget of BULBASAUR CORP. is being prepared by the budget officer of the company. In the preparation of the cash budget the estimates for the month of January, 1983 include the following:
Sales P937,500
Gross profit (based on sales) 25%
Increase in inventories P75,000
Decrease in trade accounts payable P30,000
Required - Find the estimated cash disbursements for inventories in January, 1983?
A. P598,125 C. P748,125
B. P733,125 D. P808,125
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