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Assume that the XY firm will make purchases of 8 per month during July and June. Wages and salaries are estimated at 8.9 per month.
Assume that the XY firm will make purchases of 8 per month during July and June. Wages and salaries are estimated at 8.9 per month. The firm must make a principal and interest payment on an outstanding loan in June of $100,000. The firm plans a purchase of a fixed asset costing 7.1 in July. The second quarter tax payment of $20,000 is also due in June. What is the total Cash disbursements for this company in June?
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