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Brown company is preparing its cash budget for April,and has the following information sales revenue $4,000,000 Gross margin 25% Decrease in inventory $160,000 Decrease in account payable for inventory $275,000
The company's cash disbursement for inventory in April is A. 3,115,000 B. 3,275,000 C. 2,565,000 D. 2,840,000 |
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