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Business, 06.10.2021 23:10 andybiersack154

Alpha CD Company has a sales budget for next month of P150,000. Cost of goods sold is expected to be 40 percent of sales. All goods are purchased in the month used and paid for in the month following purchase. The beginning inventory of merchandise is P5,000, and an ending inventory of P6,000 is desired. Beginning accounts payable is P38,000. For Alpha CD Company, the ending accounts payable should be

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