Business, 13.12.2021 21:40, jlink6836

Sheridan Company expects to purchase $250000 of materials in July and $300000 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. How much will August's cash disbursements for materials purchases be? A. $225000
B. $300000
C. $187500
D. $287500

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Sheridan Company expects to purchase $250000 of materials in July and $300000 of materials in August...