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The Torrey Pine Corporation's purchases from suppliers in a quarter are equal to 7 5 percent of the next quarter's forecast sales. The payables period
The Torrey Pine Corporation's purchases from suppliers in a quarter are equal to percent of the next quarter's 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 shown here:
Sales for the first quarter of the following year are projected at $ Calculate the company's cash outlays by completing the following: Do not round intermediate calculations and round your answers to decimal places, eg
tableQQQQPayment of accounts,,,,Wages taxes, other expenses,,,,Longterm financing expenses interest and dividendsTotal
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