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Welsbro and Sons purchases its Inventory one quarter prior to the quarter of sale. The purchase price is 60 percent of the sales price. The
Welsbro and Sons purchases its Inventory one quarter prior to the quarter of sale. The purchase price is 60 percent of the sales price. The accounts payable perlod Is 60 days. The accounts payable balance at the beginning of Quarter 1 is $27,200 What is the amount of the expected disbursements for Quarter 2 given the following expected quarterly sales? Quarter 1: Quarter 2: Quarter 3: Quarter 4: ta ta ta ta $ $ $ 74,000 115,000 107,000 116,000 $ Multiple Choice $44.400 $69.200 $67.400 $65.800 $61,200
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