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9 Company AA has forecast purchases to be $339,000 in June, $378,000 in July, $314,000 in August, and $276,000 in September. Hrchases average 40% paid
9 Company AA has forecast purchases to be $339,000 in June, $378,000 in July, $314,000 in August, and $276,000 in September. Hrchases average 40% paid in cash 60% are on credit, Credit purchase paid 70% in the month of purchase, 25% during the month following, and 5 the second month following the purchase. Cash payments in September would be $80.010 $284.760 $112.410 $201.510
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