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Brandeis, Inc has a 4 5 - day accounts payable period. The firm has expected quarterly sales of $ 2 , 4 0 0 ,

Brandeis, Inc has a 45-day accounts payable period. The firm has expected quarterly sales of $2,400, $2,800, $3,600, and $4,200, respectively, for the next calendar year. The cost of goods sold for a quarter is equal to 70% of the next quarter sales. The firm has a beginning payables balance of $1,200 as of quarter one. What is the amount of the projected cash disbursements for accounts payable for quarter 3 of the next year? Each quarter has 90 days.
Multiple Choice
$2,730
$2,240
$3,060
$3,900
$2,870

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