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Donald Company Has the Following Information: Purchases Are Paid

Question 36

Multiple Choice

Donald Company has the following information: Donald Company has the following information: Purchases are paid as follows: 10% in the month of purchase 50% one month after purchase 40% two months after purchase What is the estimated cash disbursement in March from January purchases? A) $3,052 B) $12,000 C) $12,208 D) $13,400 Purchases are paid as follows:
10% in the month of purchase
50% one month after purchase
40% two months after purchase
What is the estimated cash disbursement in March from January purchases?


A) $3,052
B) $12,000
C) $12,208
D) $13,400

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