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Ospika Products has projected the following sales for the coming year: , Q 1 , Q 2 , Q 3 , Q 4 Sales $
Ospika Products has projected the following sales for the coming year:
Sales $$$$
Sales in the year following this one are projected to be greater in each quarter.
a Calculate payments to suppliers assuming that Ospika places orders during each quarter equal to of projected sales for the
next quarter. Assume that Ospika pays immediately. Round the final answers to decimal places. Omit $ sign in your response.
b Calculate payment to suppliers assuming a day payables period. Omit $ sign in your response.
c Calculate payment to suppliers assuming a day payables period. Do not round intermediate calculations. Round the final
answers to decimal places. Omit $ sign in your response.
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