Q1. Mickey's Manufacturing has projected sales for the coming year: Q1 Q2 93 04 Sales $800 $880 $910 $925 Sales in the following year are projected to be 17% greater in each quarter. a. Calculate payments to suppliers assuming that Mickey's places orders during each quarter equal to 25% of projected sales for the next quarter. Assume that Mickey's pays immediately. What is the payables period in this case? 01 92 03 04 Payment of Accounts $ S S S b. Rework assuming a 90 day payables period