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Wilson Company had $ 2 0 0 , 0 0 0 of cost of goods sold during June. The company projects a 5 % increase
Wilson Company had $ of cost of goods sold during June. The company projects a increase in cost of goods sold during July. The inventory balance as of June is $ and the desired ending inventory balance for July is $ Wilson pays for percent of its inventory purchases in the month of the purchase and the remaining percent the following month. The accounts payable balance at the end of June was $
What are Wilson Company's budgeted cash payments in July for inventory purchases?
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