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Bandaloon Foods expects to make the following inventory purchases during the last three months of the year: Month Purchases October $80,000 November 100,000 December 160,000
Bandaloon Foods expects to make the following inventory purchases during the last three months of the year: Month Purchases October $80,000 November 100,000 December 160,000 During September, Bandaloon purchased $72,000 of inventory. The restaurant typically pays for 25% of the inventory purchases within the month of the purchase and 75% in the following month. How much are estimated cash disbursements in November for inventory purchases?
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