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Sexton Corporation has projected the folowing sales for the coming year Sales in the year following this one are projected to be 25 percent greater

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Sexton Corporation has projected the folowing sales for the coming year Sales in the year following this one are projected to be 25 percent greater in each quarten Calculate payments to supplers assuming that the company places orders during each quarter equal to 35 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 Intermedlate calculations and round your answer to the nearest whole number, e.9., 32. What are the payments to suppilers each quarter? Note: Do not round intermedlate calculations and round your answers to 2 clecimal places, e.9., 32.16. b. Calculate payments to suppliers assuming that the company places orders duning each quarter equal to 35 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 suppliers 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.9., 3216

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