Question: (Chapter 26 - Original Text) Pho Lucky, the restaurant close to MISB, has expected purchases of $47,600, $56,800, $88,600, and $89,600 for the four quarters

(Chapter 26 - Original Text) Pho Lucky, the restaurant close to MISB, has expected purchases of $47,600, $56,800, $88,600, and $89,600 for the four quarters of 2020. The accounts payable period is 45 days. What was the restaurant's cash outflow related to purchases in the fourth quarter? Assume every quarter is 90 days. (2) O $52,200 O $72,700 $88,600 O $89,600 O $89,100
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