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Ivory Inc. has forecast purchases on account to be $313.000 in March, $373,000 in April. $423,000 In May, and $493,000 in June. Seventy percent
Ivory Inc. has forecast purchases on account to be $313.000 in March, $373,000 in April. $423,000 In May, and $493,000 in June. Seventy percent of purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash payments for June? Multiple Choice $444,000 $472,000 $361,000 $296,000
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