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The Bruin Corporation's purchases from suppliers in a quarter are equal to 70 percent of the by Shopping Sidekick href

The Bruin Corporation's purchases from suppliers in a quarter are equal to 70 percent of the by Shopping Sidekick" href="http://ezto.mhecloud.mcgraw-hill.com/#" class="c1">next quarter's forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 25 percent of sales, and interest and dividends are $122 per quarter. No capital expenditures are planned.Projected quarterly sales are:

by Shopping Sidekick" href="http://ezto.mhecloud.mcgraw-hill.com/#" class="c1">
Q1 Q2 Q3 Q4
Sales $1,290 $1,440 $1,530 $1,740


Sales for the first quarter of the following year are projected at $1,410.

 

Calculate Bruin's cash outlays by completing the following


by Shopping Sidekick" href="http://ezto.mhecloud.mcgraw-hill.com/#" class="c15">Payment of accounts$ $ $ $ by Shopping Sidekick" href="http://ezto.mhecloud.mcgraw-hill.com/#" class="c15"> Wages, taxes, other expenses Long-term financing expenses (interest and dividends)





Total$ $ $ $


May 14 2020 View more View Less

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