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1 Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter. The sales forecasts for the next five
1 Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter. The sales forecasts for the next five quarters are as follows: Quarter in Coming Year Following Year First Second Third Fourth First Quarter Sales forecast $428 $345 $347 $395 $395 10 points Calculate Paymore's cash payments to its suppliers assuming that two-thirds of the purchas are paid for in the quarter that they are purchased and one-third are paid in the following quarter. (Do not round intermediate calculations. Round your answers to the nearest who dollar amount.) Answer is complete but not entirely correct. Quarter Payment 1 $ 472 X 2 $ 460 X 3 $ 436 X 4 484 X
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