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Gifts For All has projected sales for next year of: Sales Q1 Q2 03 $26,800 $29,000 $36,100 $43,300 Purchases are equal to 56 percent of
Gifts For All has projected sales for next year of: Sales Q1 Q2 03 $26,800 $29,000 $36,100 $43,300 Purchases are equal to 56 percent of next quarter's sales. Each month has 30 days, the accounts recevable period is 33 days, and the accounts payable period is 36 days. How much will the company pay suppliers in the third quarter? Multiple Choice o $17,796 O $22.635 $22.770 $21829 $18.626
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