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Ospika Products has projected the following sales for the coming year: ,Q1,Q2,Q3,Q4 Sales...

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Accounting

Ospika Products has projected the following sales for the coming year:
,Q1,Q2,Q3,Q4
Sales $870,$950,$910,$1,010
Sales in the year following this one are projected to be 15% greater in each quarter.
a. Calculate payments to suppliers assuming that Ospika places orders during each quarter equal to 30% of projected sales for the
next quarter. Assume that Ospika pays immediately. (Round the final answers to 2 decimal places. Omit "$" sign in your response.)
b. Calculate payment to suppliers assuming a 90-day payables period. (Omit "$" sign in your response.)
c. Calculate payment to suppliers assuming a 60-day payables period. (Do not round intermediate calculations. Round the final
answers to 2 decimal places. Omit "$" sign in your response.)
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