Question
Keedis Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 11,000 $ 12,950 $ 13,775 $ 15,225 The
Keedis Products has projected the following sales for the coming year:
| Q1 | Q2 | Q3 | Q4 | |||||||||
| Sales | $ | 11,000 | $ | 12,950 | $ | 13,775 | $ | 15,225 | ||||
The company places orders each quarter that are 35 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter?
Multiple Choice
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$4,532.50
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$4,725.00
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$4,628.75
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$3,214.17
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$4,077.50
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Labour Finance And Inequality
Authors: Suzanne J. Konzelmann, Simon Deakin, Marc Fovargue-Davies, Frank Wilkinson
1st Edition
1138919721, 978-1138919723
