The Bruin Corporationâs purchases from suppliers in a quarter are equal to 65 percent of the next quarterâs forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $113 per quarter. No capital expenditures are planned. Projected quarterly sales are: Q1 Q2 Q3 Q4 Sales $1,470 $1,620 $1,680 $1,920 Sales for the first quarter of the following year are projected at $1,590.
Required: Calculate Bruinâs cash outlays by completing the following (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)):
Q1 Q2 Q3 Q4 Payment of accounts $ $ $ $ Wages, taxes, other expenses Long-term financing expenses
(interest and dividends) Total $ $ $ $
The Bruin Corporationâs purchases from suppliers in a quarter are equal to 65 percent of the next quarterâs forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $113 per quarter. No capital expenditures are planned. Projected quarterly sales are: Q1 Q2 Q3 Q4 Sales $1,470 $1,620 $1,680 $1,920 Sales for the first quarter of the following year are projected at $1,590.
Required: |
Calculate Bruinâs cash outlays by completing the following (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): |
Q1 | Q2 | Q3 | Q4 | |
Payment of accounts | $ | $ | $ | $ |
Wages, taxes, other expenses | ||||
Long-term financing expenses (interest and dividends) | ||||
Total | $ | $ | $ | $ |
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The Torrey Pine Corporationâs purchases from suppliers in a quarter are equal to 80 percent of the next quarterâs forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $85 per quarter. No capital expenditures are planned. |
Projected quarterly sales are shown here: |
Q1 | Q2 | Q3 | Q4 | |||||||||
Sales | $ | 1,950 | $ | 2,250 | $ | 1,950 | $ | 1,650 | ||||
Sales for the first quarter of the following year are projected at $2,280. Calculate the companyâs cash outlays by completing the following (Round your answers to 2 decimal places. (e.g., 32.16)): |
Q1 | Q2 | Q3 | Q4 | |
Payment of accounts | $ | $ | $ | $ |
Wages, taxes, other expenses | ||||
Long-term financing expenses (interest and dividends) | ||||
Total | $ | $ | $ | $ |
The Torrey Pine Corporationâs purchases from suppliers in a quarter are equal to 70 percent of the next quarterâs forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 20 percent of sales, and interest and dividends are $90 per quarter. No capital expenditures are planned.
Projected quarterly sales are shown here: |
Q1 | Q2 | Q3 | Q4 | |||||||||
Sales | $ | 2,340 | $ | 2,640 | $ | 2,340 | $ | 2,040 | ||||
Sales for the first quarter of the following year are projected at $2,670. Calculate the companyâs cash outlays by completing the following (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.): |
Q1 | Q2 | Q3 | Q4 | |
Payment of accounts | $ | $ | $ | $ |
Wages, taxes, other expenses | ||||
Long-term financing expenses (interest and dividends) | ||||
Total | $ | $ | $ | $ |