Question: Problem 4 . Calculating Payments The Wind Corp. ' s purchases from suppliers in a quarter are equal to 7 5 percent of the next

Problem 4. Calculating Payments
The Wind Corp.'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 dividends are $73 per quarter. No capital expenditures are
planned.
Here are the projected quarterly sales:
Sales for the first quarter of the following year are projected at $970. Calculate the company's
cash outlays.
Problem 4. Calculating Payments The Wind Corp.'s purchases from suppliers in

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