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An organization estimates that it will make payments for 80% of the costs of goods it sells in a given month, and will pay the

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An organization estimates that it will make payments for 80% of the costs of goods it sells in a given month, and will pay the remaining 20% of those costs in the next month. The organization projects it will sell good that cost $5,000 in Month 1 and goods that cost $10,000 in Month 2. What amount should be reflected for cost of good paid in Month 2 ? $9,000 $12,000 $10,000 $8,000 Question 10 ( 0.5 points) When a venture raises funds in exchange for a share of the ownership in the venture, does not need to provide collateral for the funds, and shares a portion of the venture's profits and a disposition of its assets with the investor, this is Equity financing Debt financing An account receivable An internal source of funds

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