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    Principles of Corporate Finance Study Set 4
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    Exam 4: Financial Planning and Forecasting
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    If All Purchases of Goods for Sale Are on Two-Month
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If All Purchases of Goods for Sale Are on Two-Month

Question 31

Question 31

True/False

If all purchases of goods for sale are on two-month credit terms with the supplier, cash flows topurchases in June would be $400,000; March, April and May purchases budgets are $350,000,$400,000 and $450,000, respectively

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