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Current Attempt in Progress Marx Retailers expects to make inventory purchases in the next quarter as follows: April May June $73.200 85.400 115.900 Prior experience
Current Attempt in Progress Marx Retailers expects to make inventory purchases in the next quarter as follows: April May June $73.200 85.400 115.900 Prior experience has shown that 65 percent of a month's purchases are paid in the month of purchase and 35 percent are paid in the month following purchase. March purchases were $67.100. Estimate cash disbursements related to purchases for April, May, and June. Cash disbursements for purchases April May June Payment of March purchases $ Payment of April purchases Payment of May purchases Payment of June purchases $ $
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