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Sunu Shipping has an accounts payable period of 60 days. The firm has expected sales of $17,800, $22,100, $24,400 and $28,800, respectively, by quarter
Sunu Shipping has an accounts payable period of 60 days. The firm has expected sales of $17,800, $22,100, $24,400 and $28,800, respectively, by quarter for the next calendar year. The purchases for a quarter are equal to 65 percent of the following quarter's sales. What is the amount of the projected cash disbursements for accounts payable for Quarter 32 Assume a 30-day month. Multiple Choice $11,126.67 $16.813.33 $12.693.33 $17325.50 $12,250.33 Submit
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