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41 The Cookie Shop's purchases are equal to 65 percent of the following month's sales. The accounts payable period for purchases is 30 days while
41 The Cookie Shop's purchases are equal to 65 percent of the following month's sales. The accounts payable period for purchases is 30 days while all other expenditures are paid in the month they are incurred. Assume each month has 30 days. The company has compiled the following information. Sales Other expenses Interest and taxes April $ 8,400 2,600 510 May $8,700 2,650 520 June $9,100 2,900 540 eBook What are the company's total cash disbursements for May? Multiple Choice O $9,355 0 $8,825 0 $8,630 0 $8,570 0 $9,085
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