Question: If raw materials inventory purchases are equal to 6 0 % of the following month's sales, 5 0 % of purchases are paid for in
If raw materials inventory purchases are equal to of the following month's sales, of purchases are paid for in the month following the purchase, and the remainder is paid in the following month, what formula would you need to enter in D to find the payments in November?
tableABCDESeptember,October,NovemberSales,,Purchases,Payments:,,,,Furst Month,Second Month,Total Payments,,,,?
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