4. Sedman, Corp., has projected the following sales for the coming year:

Q1 Sales: $760

Q2 Sales: $840

Q3 Sales: $790

Q4 Sales: $880

Sales in the year following this one are projected to be 15 percent greater in each quarter. a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. What is the payables period in this case?

Q1 Payment of accounts:

Q2 Payment of accounts:

Q3 Payment of accounts:

Q4 Payment of accounts:

b. Rework (a) assuming a 90-day payables period.

c. Rework (a) assuming a 60-day payables period.

show me the solution for the problem(step by step)