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The company places orders each quarter that are 6 4 percent of next quarter's sales and has a 3 0 - day payables period. The

The company places orders each quarter that are 64 percent of next quarter's sales and has a 30-day payables period. The projected sales for next year are:
\table[[,Cl,Q2,Na,04],[Sales,$54,825,$61,975,$70,125,$75,850
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