Chap 26. Short-term Finance A Saved Help Save & Exit Submit Check my work 9 The Glasgow Corporation's purchases from suppliers in a quarter are equal to 65 percent of the next quarter's forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 30 percent of sales and interest and dividends are $90 per quarter. No capital expenditures are planned. 10 points Here are the projected quarterly sales: Skipped Q1 Q2 Q3 Q4 Sales $1,830 $2,130 $1,830 $1,530 eBook Sales for the first quarter of the following year are projected at $2,160. Calculate the company's cash outlays by completing the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Print Q1 Q2 Q3 Q4 References Payment of accounts Wages, taxes, other expenses Long-term financing expenses interest and dividends) Total