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Ospika Products has projected the following sales for the coming year: 01 Sales $920 02 $1,000 03 $ 960 Q4 $1,060 Sales in the year
Ospika Products has projected the following sales for the coming year: 01 Sales $920 02 $1,000 03 $ 960 Q4 $1,060 Sales in the year following this one are projected to be 15% greater in each quarter. a. Calculate payments to suppliers assuming that Ospika places orders during each quarter equal to 30% of projected sales for the next quarter. Assume that Ospika pays immediately. (Round the final answers to 2 decimal places. Omit $ sign in your response.) 01 $ 03 $ 04 $ Payment of accounts 317.40 b. Calculate payment to suppliers assuming a 90-day payables period. (Omit $ sign in your response.) Q 02 $ 03 $ 04 $ Payment of accounts $ c. Calculate payment to suppliers assuming a 60-day payables period. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) 03 01 $ 02 $ 04 $ Payment of accounts $
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