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Calculating Payments Q1 Q2 Q3 Q4 Sales 9,300 12,100 17,000 16,800 Sales in the year following this one are projected to be 12% greater in
Calculating Payments
Q1 | Q2 | Q3 | Q4 | |
Sales | 9,300 | 12,100 | 17,000 | 16,800 |
Sales in the year following this one are projected to be 12% greater in each quarter. Calculate payments to suppliers assuming that Palladium Catalysis places orders during each quarter equal to 25% of projected sales for the next quarter. Assume that Palladium pays immediately.
Problem: Calculate Payment of accounts for Q1 threw Q4
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