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Brentwood Supplies Limited has the following purchases budget for the last half of 2012: July: 120,000 August: 100,000 September: 240,000 October: 176,000 November 150,000 December:
Brentwood Supplies Limited has the following purchases budget for the last half of 2012: July: 120,000 August: 100,000 September: 240,000 October: 176,000 November 150,000 December: 86,000 The company pays one half at the time of purchase and the remainder in the month following purchase. What are the expected cash payments in August? Select one: a. 80,000 b. 90,000 c. 110,000 d. 100,000
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