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The Bandon Pine Corporation s purchases from suppliers in a quarter are equal to 8 0 percent of the next quarter s forecast sales. The
The Bandon Pine Corporations purchases from suppliers in a quarter are equal to percent of the next quarters forecast sales. The payables period is days. Wages, taxes, and other expenses are percent of sales, and interest and dividends are $ per quarter. No capital expenditures are planned. Projected quarterly sales are:
Q Q Q Q
Sales $ $ $ $
Sales for the first quarter of the following year are projected at $ Calculate the companys cash outlays by completing the following:
Note: Do not round intermediate calculations and round your answers to decimal places, eg
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