Your company is experiencing a cash shortage this month and can only pay up to $ 150,000 of…
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Your company is experiencing a cash shortage this month and can only pay up to $ 150,000 of in-voices. You received the following list of invoices currently due. Required A. Determine the invoices to pay this month (i. e., in the next 30 days) and what the total cash disbursement is. (Assume no partial payments are allowed.) B. Would your answer to part A change if any of these suppliers were to charge a 1 percent fee for overdue accounts?
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