Business, 11.11.2019 21:31, brendaesme
The thakor corporation's purchases from suppliers in a quarter are equal to 75% of the next quarter's forecast sales. the payables period in 60 days. wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $60 per quarter. no capital expenditures are planned. here are the projected quarterly sales: q1 q2 q3 q4sales $830 $1,050 $970 $860sales for the first quarter of the following year are projected at $970. calculate the company's cash outlays by completing the following: q1 q2 q3 q4payment of accountswages, taxes, and other expenseslong-term financing expenses (interest and dividends)total
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