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7. Calculating Payments Rossdale Products has projected the following sales for the coming year: Q2 Q3 Q4 Q1 Sales 3740 $665 $785 $890 Sales in

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7. Calculating Payments Rossdale Products has projected the following sales for the coming year: Q2 Q3 Q4 Q1 Sales 3740 $665 $785 $890 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

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