Question
Acme Co. has projected the following sales for the coming year (2021): Q1 = $830 Q2 $910 Q3 $870 Q4 = $970 Sales for each
Acme Co. has projected the following sales for the coming year (2021): Q1 = $830 Q2 $910 Q3 $870 Q4 = $970
Sales for each quarter in the next year (2022) are projected to be 20% greater than the previous quarter. Acme places orders during each quarter equal to 30% of projected sales for the next quarter. Acme's average days of payables is 60 days. If Acme's orders are assumed to be spread out evenly during each quarter, calculate the expected payment to suppliers in Q4 of 2021. [Express your answer in rounded to the nearest penny (eg. $123.45)] Q4 Supplier Payment = $ A.304 B.231 C.428 D.320
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