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Mickle Company Has the Following Information

Question 46

Multiple Choice

Mickle Company has the following information:
Mickle Company has the following information: Purchases are paid for in the following manner: 20 percent in the month of purchase 50 percent in the month after purchase 30 percent two months after purchase -The cash disbursements in December for October purchases will be A) $108,750. B) $ 43,500. C) $ 65,250. D) $ 46,000. Purchases are paid for in the following manner:
20 percent in the month of purchase
50 percent in the month after purchase
30 percent two months after purchase
-The cash disbursements in December for October purchases will be


A) $108,750.
B) $ 43,500.
C) $ 65,250.
D) $ 46,000.

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