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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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