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Ospika Products has projected the following sales for the coming year: 01 Sales $ 940 Q2 $1,020 93 $ 980 04 $ 1,080 Sales in
Ospika Products has projected the following sales for the coming year: 01 Sales $ 940 Q2 $1,020 93 $ 980 04 $ 1,080 Sales in the year following this one are projected to be 20% greater in each quarter. a. Calculate payments to suppliers assuming that Ospika places orders during each quarter equal to 30% of projected sales for the next quarter. Assume that Ospika pays immediately. (Round the final answers to 2 decimal places. Omit $ sign in your response.) 21 $ 92 $ 03 $ Q4 $ Payment of accounts b. Calculate payment to suppliers assuming a 90-day payables period. (Omit $ sign in your response.) 01 Q4 Q2 $ 03 $ Payment of accounts c. Calculate payment to suppliers assuming a 60-day payables period. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) 01 04 02 $ 93 $ Payment of accounts
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