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The Thakor Corporation's purchases from suppliers in a quarter are equal to 7 5 percent of the next quarter's forecasted sales. The payables perlod is

The Thakor Corporation's purchases from suppliers in a quarter are
equal to 75 percent of the next quarter's forecasted sales. The
payables perlod is 60 days. Wages, taxes, and other expenses are 15
percent of sales, and interest and dividends are $95 per quarter. No
capital expenditures are planned.
Projected quarterly sales are:
Sales for the first quarter of the following year are projected at $2,250.
Calculate the company's cash outlays by completing the following: (Do
not round Intermedlate calculations and round your answers to 2
decimal places, e.g.,32.16.)The Thakor Corporations purchases from suppliers in a quarter are equal to 75 percent of the next quarters forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 15 percent of sales, and interest and dividends are $95 per quarter. No capital expenditures are planned.
Projected quarterly sales are:
Q1 Q2 Q3 Q4
Sales $ 1,920 $ 2,220 $ 1,920 $ 1,620
Sales for the first quarter of the following year are projected at $2,250. Calculate the companys cash outlays by completing the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)
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