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The Torrey Pine Corporations purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecast sales. The payables period is

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The Torrey Pine Corporations purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecast sales. The payables period is 60 days Wages taxes and other expenses are 15 percent of sales and interest and dividends are $80 per quarter. No capital expenditures are planned Projected quarterly sales are shown here 01 02 03 04 Sales $2.310 $2610 $2.310 $2.010 Sales for the first quarter of the following year are projected at $2.640. Calculate the company's cash Outlays by completing the following Do not found intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) 01 02 03 04 Payment of accounts Wages taxes, other expenses Long-term financing expenses interest and dividends) T T T

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