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Concord Corporation expects to purchase $150000 of materials in July and $170000 of materials in...

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Accounting

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Concord Corporation expects to purchase $150000 of materials in July and $170000 of materials in August. Three-fourths of all purchases are paid for in the month of purchase, and the other one fourth are paid for in the month following the month of purchase. How much will August's cash disbursements for materials purchases be? O $170000 O $112500 O $127500 O $165000

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