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Sexton Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 830 $ 910 $ 870 $ 970 Sales

Sexton Products has projected the following sales for the coming year:

Q1 Q2 Q3 Q4
Sales $ 830 $ 910 $ 870 $ 970

Sales in the year following this one are projected to be 20 percent greater in each quarter.

a. 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. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
b. Calculate payments to suppliers assuming a 90-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
c. Calculate payments to suppliers assuming a 60-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

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