. Broihan Corporation has the following purchases budget for the last half of 2002:
July $100,000 October $ 90,000
August 80,000 November 100,000
September 110,000 December 94,000
Historically, the company pays one half at the time of purchase and the remainder in the month
following purchase.
What are the expected cash disbursements in August?
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This thing is really tough
Please ask some more easier ques!!
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