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What would be the budgeted cash disbursements for purchase

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Question - A company is planning to purchase inventory for resale costing $70,000 in October, $90,000 in November, and $40,000 in December. The company pays for 40% of its purchases in the month of purchase and 60% in the month following purchase. What would be the budgeted cash disbursements for purchase of inventory in November?

Reference no: EM133099361

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