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. The sales forecasts for the next five quarters are as follows: Calculate Paymore's cash payments to its suppliers assuming that two-thirds of the purchases are paid for in the quarter that they are purchased and one-third are paid in the following quarter. Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount
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