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Tuko Inc . has estimated sales (in millions $) for the next 4 quarters as follows : Q1 Q2 Q3 Q4 Sales 210 180 244

Tuko Inc. has estimated sales (in millions $) for the next 4 quarters as follows:

Q1

Q2

Q3

Q4

Sales

210

180

244

280

Tukos purchases from suppliers in a quarter are equal to 50% of the next quarters forecast sales, and suppliers are normally paid after 90 days (one quarter is 90 days). What is the expected payment to suppliers in quarter 4?

Select one:

a. $122 million

b. $105 million

c. $244 million

d. $140 million

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