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Paymore Products places orders for goods equal to 7 5 % of its sales forecast in the next quarter. The sales forecasts for the next
Paymore Products places orders for goods equal to of its sales forecast in the next quarter. The
sales forecasts for the next five quarters are as follows:
Calculate Paymore's cash payments to its suppliers assuming that twothirds of the purchases are paid
for in the quarter that they are purchased and onethird are paid in the following quarter.
Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar
amount.
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