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Denise Doughnuts pays for 60% of its purchases in the month and 40% in the following month. Given the following expenses, what are Oct. cash
Denise Doughnuts pays for 60% of its purchases in the month and 40% in the following month. Given the following expenses, what are Oct. cash disbursements? Give your answer as a positive number.
Merchandise purchases in Sept. $400,000
Merchandise purchases in Oct. $300,000
Cash operating expenses, Oct 1-31 $250,000
Depreciaton for Oct. $125,000
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