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How much will August cash disbursements for materials be

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Reference no: EM132948040

Question - Sheffield Corp. expects to purchase $120000 of materials in July and $140000 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 be?

Reference no: EM132948040

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