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The Thakor Corporation s purchases from suppliers in a quarter are equal to 8 0 percent of the next quarter s forecasted sales. The payables
The Thakor Corporations purchases from suppliers in a quarter are equal to percent of the next quarters forecasted 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
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