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

Nathans Hot Dog Corp has projected the following sales for the coming year:

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 don't understand how they got 262.08 for quarter 4.

## Answer This Question

## Related Questions

- Finance - Iron Man Products has projected the following sales for the coming ...
- Finance - 17.Elegant Designers have generated sales of $625,000 for the current ...
- math - Use this information to calculate the following: Sales returns $ 700 Rent...
- FRL - The Torrey Pine Corporation's purchases from suppliers in a quarter are ...
- finance - Winnebagel Corp. currently sells 29,400 motor homes per year at $44,...
- business and finance - Use this information to calculate the following: Sales ...
- Math - The total sales of a company in 2008 were $45,000. In 2011, it grew to $...
- programming - You have the final sales figures for the four quarters in 2010 for...
- it - Explain how you would create the users for the sales organization unit and ...
- Finance - ER Medical Supplies had sales of 2,000 units at $160 per unit last ...

More Related Questions