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The company places orders each quarter that are 53 percent of next quarter's sales and has a 30-day payables period. The projected sales for next

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The company places orders each quarter that are 53 percent of next quarter's sales and has a 30-day payables period. The projected sales for next year are: sales Q1 Q2 Q3 24 34,000 $60,600 369,00 374,750 What is the accounts payable balance at the end of the second quarter? Multiple Choice o $10,706 o 521, 12 o ssss o 32243

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