JoAnn Manufacturing has projected the following sales for the coming year:

	Q1	Q2	Q3	Q4
Sales	$ 54,075	$ 60,725	$ 69,375	$ 74,850

The company places orders each quarter that are 30 percent of the following quarter's sales and has a 30-day payables period. What is the payment of accounts for the third quarter?

Multiple Choice

$21,360.00

$21,907.50

$19,947.50

$22,455.19

$19,082.50

All That Remains Products has projected sales for next year of:

	Q1	Q2	Q3	Q4
Sales	$ 76,500	$ 80,150	$ 86,750	$ 94,080

The company places orders each quarter that are 57 percent of the following quarter's sales and has a 60-day payables period. What is the accounts payable balance at the end of the third quarter?

Multiple Choice

$16,483

$26,116

$17,875

$15,229

$35,750

Road Kill Restaurant had the following account balances. The change in these accounts represents a net _________blank of cash for the year in the amount of _________blank.

	Beginning Balance	Ending Balance
Accounts receivable	$ 29,275	$ 26,960
Accounts payable	42,005	43,290
Inventory	21,345	25,130

Multiple Choice

Use; 4,815

Use; $185

Source; $2,755

Source; $4,815

Source; $185