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Munchies Retailers expects to make inventory purchases in the next quarter as follows: ...

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Accounting

Munchies Retailers expects to make inventory purchases in the next quarter as follows:

April $53,700
May 64,700
June 92,700

Prior experience has shown that 60 percent of a months purchases are paid in the month of purchase and 40 percent are paid in the month following purchase. March purchases were $44,800. Estimate cash disbursements related to purchases for April, May, and June.

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