Lindell Co. expects to purchase $20,900 of materials in July and $24,500 of materials in...
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Accounting
Lindell Co. expects to purchase $20,900 of materials in July and $24,500 of materials in August, 40.00% of all purchases are paid for in the month of purchase, and the remaining 60.00% are paid for in the month following the month of purchase. What will be the companys cash disbursements in August? $30,700 $22,340 $23,060 $37,040
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