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Welsbro and Sons purchase their inventory one quarter prior to the quarter of sale. The purchase price is 60 percent of the sales price. The

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Welsbro and Sons purchase their inventory one quarter prior to the quarter of sale. The purchase price is 60 percent of the sales price. The accounts payable period is: 60 days. The accounts payable balance at the beginning of quarter one 15 526 800. What is the amount of the expected disbursements for quarter two given the following expected quarterly Sales Quarter 1: $72.000 Quarter 2: $113.000 Quarter 3: $105.000 Quarter 4 $114.000

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