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QUESTION 9 Martin Clothing Company is a retail company. The following information is available for several months of the current year Month May Purchases on
QUESTION 9 Martin Clothing Company is a retail company. The following information is available for several months of the current year Month May Purchases on Account Cash Expenses Paid $55,500 522,220 72,400 20,550 46,600 26,380 June July All of Martin's purchases are on account with 28 percent paid in the month of purchase and the rest paid the following month. What is Martin's projected cash payments in June
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