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Check my work 8 Dynamic Futon forecasts the following purchases from suppliers: Ja Teba 32 28 25 Value of goods (6 millions) Hay 20 Jun

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Check my work 8 Dynamic Futon forecasts the following purchases from suppliers: Ja Teba 32 28 25 Value of goods (6 millions) Hay 20 Jun 20 10 polets a. Forty percent of goods are supplied cash-on-delivery. The remainder are paid with an average delay of 1 month. If Dynamic Futon starts the year with payables of 22 million, what is the forecasted level of payables for each month? (Do not round intermediate calculations. Enter your answers in millions of dollars rounded to 1 decimal place.) Jan Feb. Mar Apr May Jun. Payables Hermes b. Suppose that from the start of the year, the company stretches payables by paying 40% after 1 month and 20% after 2 months. (The remainder continue to be paid cash-on-delivery) Recalculate payables for each month assuming that there are no cash penalties for tate payment. Assume that Dynamic Futon didn't have any payable balance at the start of the year (Do not round intermediate calculations. Enter your answers in millions of dollars rounded to 1 decimal place.) Jan Feb Mar Apr Jun May Payables

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