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Business, 21.04.2020 20:51 tyliyahmiles99

Cat Co. forecasts merchandise purchases of $11,600 in January, $11,800 in February, and $15,400 in March; 40% of purchases are paid in the month of purchase and 60% are paid in the following month. At December 31 of the prior year, the balance of Accounts Payable (for December purchases) is $8,000. What is the cash disbursements for merchandise for the month of February

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Cat Co. forecasts merchandise purchases of $11,600 in January, $11,800 in February, and $15,400 in M...

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