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Gifts For All has projected sales for next year of: Purchases are equal to 58...

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Gifts For All has projected sales for next year of: Purchases are equal to 58 percent of next quarter's sales. Each month has 30 days, the accounts receivable period is 29 days, and the accounts payable period is 32 days. How much will the company pay suppliers in the third quarter? $19,355 $16,406 $20,897 $14,312 $21,075

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