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Martinez Inc. provided the following information: Martinez pays for 3 0 % of merchandise purchases in the month of the purchase and 7 0 %
Martinez Inc. provided the following information:
Martinez pays for of merchandise purchases in the month of the purchase and in the following month.
General operating expenses are budgeted to be $ per month of which depreciation is $ of this amount. Martinez pays operating expenses in the month incurred.
Martinez makes loan payments of $ per month of which $ is interest and the remainder is principal.
Calculate budgeted cash disbursements for May.
Total budgeted cash disbursements
$
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