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Keedis Products has projected the following sales for the coming year: Sales Q 1 . $ 1 8 , 6 5 0 Q 2 $

Keedis Products has projected the following sales for the coming year: Sales Q

1 .

18, 650

2

14, 650

3

15, 475

4

16, 075 .

The company places orders each

quarter that are

40

percent of the following quarter's sales and has a

60 -

day payables period. What is the payment of accounts for the second quarter?

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