the answer isnt just 372 x 75% etc Paymore Products places orders for goods...
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the answer isnt just 372 x 75% etc
Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter. The sales forecasts for the next five quarters are as follows: Quarter In Coming Year Following Yea Sales forecast Second Fourth 5384 First Quarter 5372 Calcutate Paymore's cash payments to its suppliers assuming that two thirds of the purchases are paid for in the quarter that they are purchased and one third are paid in the following quarter (Do not round intermediate calculations.) Payment Quarter 1 2 4
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