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Ivory Inc. has forecast purchases on account to be $330,000 in March, $390,000 in April, $440,000 in May, and $510,000 i
Posted: Sun Jul 03, 2022 1:15 pm
by answerhappygod
- Ivory Inc Has Forecast Purchases On Account To Be 330 000 In March 390 000 In April 440 000 In May And 510 000 I 1 (23.9 KiB) Viewed 12 times
Ivory Inc. has forecast purchases on account to be $330,000 in March, $390,000 in April, $440,000 in May, and $510,000 in June. Seventy percent of purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash payments for June? Multiple Choice O $460,000 O $373,000 O $489,000 O $307,000