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Author Question: Sophia, Inc. is preparing its cash budget for the fourth quarter. The inventory manager advises that ... (Read 97 times)

unreallynx

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on: Feb 5, 2023
Sophia, Inc. is preparing its cash budget for the fourth quarter. The inventory manager advises that materials purchases will be $40,000 in October and will increase by 25% for each month thereafter due to the holiday season. Sophia's purchases in September were $32,000. Sophia pays for purchases 50% in the month after sale and 50% in the 2nd month after the sale. What are Sophia's budgeted cash payments for purchases in November?
◦ $36,000
◦ $45,000
◦ $61,000
◦ $40,000
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by unreallynx on Feb 5, 2023

jamezpowell

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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unreallynx

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

sailorcrescent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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