Dream Big Pillow Co., pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in th

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Dream Big Pillow Co Pays 65 Of Its Purchases In The Month Of Purchase 30 The Month After The Purchase And 5 In Th 1 (24.85 KiB) Viewed 19 times

Dream Big Pillow Co., pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in the second month following the purchase. It made the following purchases at the end of 2017 and the beginning of 2018: Nov. 2017 Dec. 2017 Jan. 2018 Feb. 2018 $62,000 $51,000 $34,000 $41,000 Given the above purchases, how much cash will be paid in quarter 2018? Cash paid $ Mar. 2018 $47,000