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BlackSwan Inc. purchases from suppliers in a quarter are equal to 65% of the next quarter's forecast sales. The payables period is 53 days. Wages,
BlackSwan Inc. purchases from suppliers in a quarter are equal to 65% of the next quarter's forecast sales. The payables period is 53 days. Wages, taxes and other expenses 20% of sales. Interest and dividends are $37 per quarter. The company planned to have a capital expenditure on the third quarter of $98. Projected quarterly sales are shown here: Sales for the first quarter of the following year are projected at $1,990. Calculate the company's cash outlays by completing the following
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