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Time Left:1:03:20 Amanda Petroski: Attempt1 Alpha Co. is planning to purchase inventory for resale costing $90,000 in October, $70,000 in November, and $40,000 in December.
Time Left:1:03:20 Amanda Petroski: Attempt1 Alpha Co. is planning to purchase inventory for resale costing $90,000 in October, $70,000 in November, and $40,000 in December. The company pays for 40% of its purchases in the month of purchase and 60% in the month following purchase, what would be December's budgeted cash disbursements for inventory purchases? ved $40,000 $58,000 $70,000 $200,000 ved None of the above
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