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 total cash disbursements in August for the purchase of merchandise?
A) $40,540
B) $45,280
C) $33,420
D) $7,920
Correct Answer:
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