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November 28, 2014

November 28, 2014

Posted by **Trevor** on Monday, October 11, 2010 at 1:26pm.

Q1 Q2 Q3 Q4

Sales $ 700 $ 850 $ 950 $ 1,050

Sales in the year following this one are projected to be 17 percent greater in each quarter.

Calculate payments to suppliers assuming that Nathans places orders during each quarter equal to 32 percent of projected sales for the next quarter. Assume that Nathans pays immediately. The payables period in this case is 0 days.

Payment of Accounts

Q1 Q2 Q3 Q4

$272 $304 $336 $262.08

This is a sample to do my HW with. I dont understand how they got 262.08 for quarter 4.

- Finance Question -
**Anonymous**, Thursday, November 29, 2012 at 1:21am700 x 1.17 x .3

The question was wrong, it is not greater 17% in each quarter, it is greater 17% from the FIRST quarter.

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