Use the information below to answer the following question(s) .
Samson Company prepared the following purchases budget:
All purchases are paid for as follows: 20% in the month of purchase, 60% in the following month, and 20% two months after purchase.
-What are the Samson Company cash disbursements in October for September purchases?
A) $7,120
B) $27,480
C) $9,160
D) $9,120
Correct Answer:
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