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Paymore Products places orders for goods equal to 75% of its sales forecast in the...

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Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter which has been provided in the below table. Folloin Year First $372 Quarter in Coning Year Second Third $360 Sales forecast Fourth 5384 First Quarter $384 On average, one-third of sales are collected in the quarter that they are sold, and two thirds are collected in the following quarter. Assume that sales in the last quarter of the previous year were $336. Also, two thirds of the quarter's orders are paid for in the current quarter and the remainder is paid in the following quarter. Assuming that Paymore's fabor and administrative expenses are $65 per quarter and that interest on long-term debt is $40 per quarter , work out the net cash flow for Paymore for the coming year using the below table. (Do not round Intermediate calculations.) Quarter Second First Third Fourth Sources of cash Collections on accounts receivable osat can Paymes of accounts payable Labor and adventos single det Toints of 85 05 DS 03 Twitch withow 05

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