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09-12-2022
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Sheffield Corp. expects to purchase $200000 of materials in July and $190000 of materials in August. Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. What are budgeted cash disbursements for materials purchases in August? A.$150000 B.$220000 C.$165000 D.$215000

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