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The table contains the Sales estimates for the next year. The Purchases are 1 6 % of Sales. Purchases are paid in the following month.
The table contains the Sales estimates for the next year.
The Purchases are of Sales. Purchases are paid in the following month.
The administrative expenses of $ are paid each month
Tax expenses of $ are paid in March, June, September, and December each year.
Rent expenses of $ are paid in June and December.
What is the cash outflow for March?
tableMonthSales $Month,Sales $JanJuly,FebAug,MarSep,AprOct,MayNov,JuneDec,
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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