Wentworth Products has projected the following sales for the coming year Q1 $300 Q2 $390 Q3...
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Wentworth Products has projected the following sales for the coming year Q1 $300 Q2 $390 Q3 $540 Q4 $480 Sales Sales In the year following this one are projected to be 25 percent greater in each quarter. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter Assume that the company pays Immediately. ok a. What is the payables perlod in this case? (Do not round Intermedlate calculations and round your answer to the nearest whole number, e.g., 32.) Payables period What are the payments to supplers each quarter? (Do not round Intermedlate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts b. Calculate payments to supplers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 90- day payables period. (Do not round Intermedlate calculations and round your answers to 2 decimal places e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts C. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 60-, day payables period. (Do not round Intermedlate calculations and round your answers to 2 decimal places e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts Wentworth Products has projected the following sales for the coming year Q1 $300 Q2 $390 Q3 $540 Q4 $480 Sales Sales In the year following this one are projected to be 25 percent greater in each quarter. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter Assume that the company pays Immediately. ok a. What is the payables perlod in this case? (Do not round Intermedlate calculations and round your answer to the nearest whole number, e.g., 32.) Payables period What are the payments to supplers each quarter? (Do not round Intermedlate calculations and round your answers to 2 decimal places, e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts b. Calculate payments to supplers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 90- day payables period. (Do not round Intermedlate calculations and round your answers to 2 decimal places e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts C. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 60-, day payables period. (Do not round Intermedlate calculations and round your answers to 2 decimal places e.g., 32.16.) Q1 Q2 Q3 Q4 Payment of accounts
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Q1 Q2 Q3 Q4 Sales for the coming year 30000 39000 54000 4000 48000 Sales in the following year with ... View the full answer
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
Posted Date:
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