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Gifts For All has projected sales for next year of: Purchases are equal to 53 percent of next quarter's sales. Each month has 30 days,
Gifts For All has projected sales for next year of: Purchases are equal to 53 percent of next quarter's sales. Each month has 30 days, the accounts recelvable period is 30 days, and the accounts payabile period is 33 days. How much will the company poy suppliers in the third quarter? Mutiple Choice $18m2 515,725 $22.048 $21.926 520,951
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