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Workout Together Has Projected the Following Sales for the Coming

Question 91

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Workout Together has projected the following sales for the coming year: Workout Together has projected the following sales for the coming year:   Sales in the year following this one are projected to be 18 percent greater in each quarter.Assume the firm places orders during each quarter equal to 35 percent of projected sales for the next quarter.How much will the firm pay to its suppliers in Quarter 2 if its accounts payable period is 60 days? A)  $212.67 B)  $241.33 C)  $291.67 D)  $351.33 E)  $356.67
Sales in the year following this one are projected to be 18 percent greater in each quarter.Assume the firm places orders during each quarter equal to 35 percent of projected sales for the next quarter.How much will the firm pay to its suppliers in Quarter 2 if its accounts payable period is 60 days?


A) $212.67
B) $241.33
C) $291.67
D) $351.33
E) $356.67

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