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Lindell Co. expects to purchase $16,400 of materials in July and $20,000 of materials in August. 60.00% of all purchases are paid for in the
Lindell Co. expects to purchase $16,400 of materials in July and $20,000 of materials in August. 60.00% of all purchases are paid for in the month of purchase, and the remaining 40.00% are paid for in the month following the month of purchase. What will be the company's cash disbursements in August?
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