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Reed merchandising company expects to purchase 90000 of

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Reed Merchandising Company expects to purchase $90,000 of materials in July and $105,000 of materials in August. Three-quarters of all purchases are paid for in the month of purchase, and the other one-fourth are paid for the month following the month of purchase. How much will August's?

Reference no: EM13591671

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Reed merchandising company expects to purchase 90000 of : reed merchandising company expects to purchase 90000 of materials in july and 105000 of materials in august.
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