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Sexton Corporation has projected the following sales forthe coming year: Sales in the year following this one are projected to be 20 percent greater in

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Sexton Corporation has projected the following sales forthe coming year: Sales in the year following this one are projected to be 20 percent greater in each quartet. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. a. What is the payables period in this case? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.9., 32 . What are the payments to suppliers each quarter? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., 32.16. b. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume a 90-day payables period. Note: Do not round intermediate calculations and round your answers to 2 decimal places e.g., 32.16. c. Calculate payments to suppllers assuming that the company places orders during each quarter equal to 30 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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