Has a sales budget for next month of $250,000. Cost of goods sold is expected to be 40% of sales. All units are paid for in the month following purchase. The beginning inventory is $20,000 and an ending inventory of $25,000 is desired. Beginning accounts payable is $52,000. The purchases for next month are .
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Has a sales budget for next month of $250,000. Cost of goods sold is expected to be 40% of sales. Al...
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