Accurate Products has projected the following sales for the coming year:

	Q1			Q2			Q3			Q4
Sales	$	960		$	1,040		$	1,000		$	1,100

Sales in the year following this one are projected to be 10 percent greater in each quarter.

a.	Calculate payments to suppliers assuming that Ospika places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that Ospika pays immediately. (Round the final answers to 2 decimal places.)

	Q1	Q2	Q3	Q4
Payment of accounts	$	$	$	$

b.	Calculate payment to suppliers assuming a 90-day payables period.

	Q1	Q2	Q3	Q4
Payment of accounts	$	$	$	$

c.	Calculate payment to suppliers assuming a 60-day payables period. (Do not round intermediate calculations. Round the final answers to 2 decimal places.)

	Q1	Q2	Q3	Q4
Payment of accounts	$	$	$	$

References