Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi Help Problem 29-12 Short-term financial plans a. Paymore places orders for goods equal to 75% of its sales forecast for the next quarter. What will orders be in each quarter of the coming year if the sales in the current quarter are expected to be $320 and the sales forecasts for the next five quarters are as follows? Sales forecast, 5 First 374 Quarter in Coming Year Second Third 364 326 Fourth 342 Following Year First Quarter 385 b. Paymore pays for two-thirds of the purchases immediately and pays for the remaining purchases in the next quarter Calculate Paymore's cash payments in the coming year. c. Paymore's customers pay their bills with a two-quarter delay. What are the expected cash receipts from sales in the coming year? Assume Paymore began operations in the coming year and so has no sales in periods prior to Q1, d. Now suppose that Paymore's other expenses are $105 a quarter. Calculate the expected net cash flow for each quarter in the coming year. e. Suppose that Paymore's starting cash balance is $43 and its minimum acceptable balance is $27. Work out the short-term financing requirements for the coming year. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Problem 29-12 Short-term financial plans a. Paymore places orders for goods equal to 75% of its sales forecast for the next quarter. What will orders be in each quarter of the coming year if the sales in the current quarter are expected to be $320 and the sales forecasts for the next five quarters are as follows? Sales forecast, $ Pirst 374 Quarter in Coming Year Second Third 364 326 Pourth 342 Following Year Pirst Quarter 386 b. Paymore pays for two-thirds of the purchases immediately and pays for the remaining purchases in the next quarter Calculate Paymore's cash payments in the coming year. 2. Paymore's customers pay their bills with a two-quarter delay. What are the expected cash receipts from sales in the coming year? Assume Paymore began operations in the coming year and so has no sales in periods prior to Q1. 3. Now suppose that Paymore's other expenses are $105 a quarter. Calculate the expected net cash flow for each quarter in the coming year. e. Suppose that Paymore's starting cash balance is $43 and its minimum acceptable balance is $27. Work out the short-term financing requirements for the coming year. Complete this question by entering your answers in the tabs below. Required A Required B Required Required Required E Now suppose that Paymore's other expenses are $105 a quarter. Calculate the expected net cash flow for each quarter in the coming year. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place.) Quarter Expected net cash inflow (outflow) Coming Year First Second Third 393,7 s 359.00 $ 16.5$ Fourth 19.5 $ Problem 29-12 Short-term financial plans a. Paymore places orders for goods equal to 75% of its sales forecast for the next quarter. What will orders be in each quarter of the coming year if the sales in the current quarter are expected to be $320 and the sales forecasts for the next five quarters are as follows? Quarter in coming Year Second Third 364 326 First 374 Sales forecast, Following year First Quarter 386 Fourth 342 b. Paymore pays for two-thirds of the purchases immediately and pays for the remaining purchases in the next quarter. Calculate Paymore's cash payments in the coming year. c. Paymore's customers pay their bills with a two-quarter delay. What are the expected cash receipts from sales in the coming year? Assume Paymore began operations in the coming year and so has no sales in periods prior to 01. d. Now suppose that Paymore's other expenses are $105 a quarter. Calculate the expected net cash flow for each quarter in the coming year. e. Suppose that Paymore's starting cash balance is $43 and its minimum acceptable balance is $27. Work out the short-term financin- requirements for the coming year. Complete this question by entering your answers in the tabs below. Required A Required B Required C Require's D Required E Now suppose that Paymore's other expenses are $105 a quarter. Calculate the expected net cash flow for each quarter in the coming year. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place.) Coming Year First Second Third 393.7 $ 359.00 $ 16.5$ Quarter Expected net cash inflow (outflow) Fourth 19.5 $