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Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning its inventories: 2.5 points $ Skipped Inventories
Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning its inventories: 2.5 points $ Skipped Inventories at beginning of March Estimated purchases for March Estimated cost of goods sold for March Estimated payments in March for purchases in February Estimated payments in March for purchases prior to February Estimated payments in March for purchases in March 348,750 1,366,000 1,398,000 343,000 63,000 70% eBook Required: What are the estimated cash disbursements in March? Print Estimated cash disbursements References
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