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Q. Digregory makes all purchases on account, subject to the subsequent payment pattern:

Paid in the month of purchase: 30%

Paid in the first month subsequent purchase: 60%

Paid in the second month subsequent purchase: 10%

If purchases for January, February and March were $200,000, $180,000 and $230,000, respectively, illustrate what were the organization's budgeted payments in March?

$69,000.
$138,000.
$177,000.
$197,000.

Some other amount.

Business Management, Management Studies

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  • Reference No.:- M9378872

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