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Sheridan Company expects to purchase $250000 of materials in July and $233000 of muteriaks in August. Three- tourths of al! purchases are paid for in

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Sheridan Company expects to purchase $250000 of materials in July and $233000 of muteriaks in August. Three- tourths of al! purchases are paid for in the month of purchase, and the other one-fourthare paid for in the month following the month of purchase What are budgeted cash disbursements for materials purchases in August? $174750 $233000 $237250 $187500

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