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The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to 65 percent...

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Finance

The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to 65 percent of the next quarter's forecasted sales.
The payables perlod is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $90 per
quarter. No capital expenditures are planned.
Projected quarterly sales are:
Sales for the first quarter of the following year are projected at $2,490. Calculate the company's cash outlays by completing the
following:
Note: Do not round Intermedlate calculations and round your answers to 2 decimal places, e.g.,32.16.
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