Multiple Choice
Purchases on account are given below: 55% of the month's purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month.
How much will the cash payments for purchases be in December?
A) $44,500
B) $50,000
C) $46,000
D) $45,500
Correct Answer:

Verified
Correct Answer:
Verified
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