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Check my wor The Thakor Corporation's purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecasted sales. The payables

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Check my wor The Thakor Corporation's purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 25 percent of sales, and interest and dividends are $75 per quarter. No capital expenditures are planned. Projected quarterly sales are: 02 Sales $2,250 $2,550 $2,250 $1, 950 Sales for the first quarter of the following year are projected at $2.580 Calculate the company's cash outlays by completing the following: (Do not round intermediate celculations and round your answers to 2 decimal places, e.g., 32 16.) Payment of accounts Wages, taxes, other expenaes Long-term financing expenses (interest and dividends) Total

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