Marjorie Company Has the Following Information Purchases Are Paid as Follows:
75% in the Month of
Marjorie Company has the following information:
Purchases are paid as follows:
75% in the month of purchase
25% one month after purchase
What are the estimated cash disbursements in March?
A) $22,500
B) $24,750
C) $29,500
D) $39,000
Correct Answer:
Verified
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