Nelson Optical purchases its inventory one quarter prior to the quarter of sale. The purchase price is 55% of the sales price and the accounts payable period is 30 days. What is the amount of the expected disbursements for quarter three given the following expected quarterly sales? 
A) $35,200
B) $37,400
C) $43,450
D) $47,850
E) $49,600
Correct Answer:
Verified
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