Nidia Trophies has projected sales of $38,000, $47,500, $52,700, and $85,000 for Quarters 1 through...
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Accounting
Nidia Trophies has projected sales of $ $ $ and $ for Quarters through of next year, respectively. Inventory is purchased at percent of the sales price and is purchased one quarter prior to the quarter of sale. The accounts payable period is days. The accounts payable balance at the beginning of the year is $ What is the amount of the expected disbursements for the third quarter?
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