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Determining the accounts payable period

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Birds Unlimited has a 45-day accounts payable period. The firm has expected quarterly sales of $1293, $1862, $2481, and $3378 over the next calendar year. The cost of goods sold for a quarter is equal to 59% of the next quarter sales. Assume that a year has 360 days.

What is the amount of the projected cash disbursements for accounts payable for Quarter 2 of the next year? (Round answer to 0 decimal places, do not round intermediate calculations)

Reference no: EM131967305

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