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Dane Incorporated has forecast purchases on account to be $310,000 in March, $378,000 in April, $424,000 in May, and $499,000 in June. Assume that 65
Dane Incorporated has forecast purchases on account to be $310,000 in March, $378,000 in April, $424,000 in May, and $499,000 in June. Assume that 65 percent of purchases are paid for in the month of purchase, and the remaining 35% are paid in the following month. What are budgeted cash payments for April
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