PLEASE HELP ME WITH THIS EXERCISE AND EXPLAIN FOR ME THE DIFFERENCES BETWEEN THE THREE SITUATIONS (please explain clearly so that I can follow). THANK YOU!!!!

Corporate Finance (The Mcgraw-hillIrwin Series in Finance, Insurance, and Real Estate) 11th Edition.pdf - Foxit Reader - X File Edit View Tools Comments Forms SharePoint Help Start Braun and Tietz (.. Corporate Finance.. D OCR Text Recognition Bookmarks CHAPTER 26 Short-Term Finance and Planning 821 La corporate corporate-1 Ly corporate 2 7. Calculating Payments Lewellen Products has projected the following sales for the .[ corporate 3 coming year: corporate 4 corporate 5 L. corporate 6 QI Q2 Q3 24 Sales $660 $575 $715 $810 Sales in the year following this one are projected to be 15 percent greater in each quarter. a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. What is the payables period in this case? QI Q2 Q3 Q4 Payment of accounts $ tA $ $ b. Rework (a) assuming a 90-day payables period. c. Rework (a) assuming a 60-day payables period. 8. Calculating Payments The Thakor Corporation's purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and Type here to search O W 1:06 PM 199+ e X 1 0 0 0 ( 4 ) ENG 12/16/2020 25