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Business, 27.07.2021 18:40 hsandshsands2329

Planet Company purchased goods worth $50,000 in July and expects to purchase goods worth $70,000 in August. Planet typically pays for 35% of purchases in the month of purchase and 65% in the following month. What are Planet Company's total expected cash disbursements for purchases in the month of August? a. $40,000.
b. $57,000.
c. $65,000.
d. $60,000.
e. $100,000.

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