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Dynamic Futon forecasts the following purchases from suppliers: Jan. Feb. Har. Apr. May Jun. Value of goods H millions} 32 2B 25 22 2B 2B
Dynamic Futon forecasts the following purchases from suppliers: Jan. Feb. Har. Apr. May Jun. Value of goods H millions} 32 2B 25 22 2B 2B a. Forty percent of goods are supplied cash-on-deliyery. The remainder are paid with an average delay of one 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 rounded to 1 decimal place.} Parables {in millions} ______ h. Suppose that from the start of the year the company stretches payables by paying 40% after one month and 20% after two months. [The remainder continue to be paid cash on delivery.) Recalculate payables for each month assuming that there are no cash penalties for late paym enL {Do not round intermediate calculations. Enter your answers in millions rounded to 1 decimal place.} p...............~.... _____
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