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AC Sales has estimated quarterly sales for next year, starting with Quarter 1, of $16,200, $17,300, $18,700, and $20,400. If purchases are equal to 72 percent of the following quarter's sales, what is the estimated amount of purchases for Quarter 2? $12,960 $14,688 $12,456 $13,464 $13,720

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Financial Management, Finance

Category:- Financial Management
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