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

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?

b. Rework part (a) assuming a 90-day payables period.

c. Rework part (a) assuming a 60-day payables period.