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Sexton Corporation has projected the following sales for the coming year: Sales in the year following this one are projected to be 2 5 percent

Sexton Corporation has projected the following sales for the coming year:
Sales in the year following this one are projected to be 25 percent greater in each quarter.
Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected s
for the next quarter. Assume that the company pays immediately.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
Assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 60-day payables period.
Note: Do not round intermediate calculations and round your answers to 2 decimal places e.g.,32.16.
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