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Brunell Products has projected the following sales for the coming year: Q1 $420 Q2 $510 Q3 $660 Q4 $600 Sales Sales in the year following
Brunell Products has projected the following sales for the coming year: Q1 $420 Q2 $510 Q3 $660 Q4 $600 Sales Sales in the year following this one are projected to be 25 percent greater in each quarter. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume that the company pays immediately a. What is the payables period in this case? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32 Payables period What are the payments to suppliers each quarter? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts b. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 90-day payables period. (Do not round intermediate calculations. Round your answers to 2 decimal places e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts c. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent o projected sales for the next quarter. Assume a 60-day payables period. (Do not round intermediate calculations. Round your answers to 2 decimal places e.g., 32.16.) Q1 Q3 Q4 Payment of accounts
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