Calculate burning cash outlays by completing

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Reference no: EM132053044

calculating Payments.

The Burning Blaze Corporation's purchases from suppliers in a quarter are equal to 50% of the next quarter's forecasted sales. The payables period is 60 days. Wages, taxes and other expenses are 25% of sales, and interest and dividends are $1,500.00 per quarter. No capital expenditures are planned.

Projected quarterly sales are:

Q1 10500

Q2 8100

Q3 12000

Q4 15000

Sales for the first quarter of the following year are projected at $ 9,000. Calculate Burning's cash outlays by completing the following:

Q1 Q2 Q3 Q4

Payment of Accounts

Wages, Taxes, other exp

L-T financing expenses

Total

A. Total cash outlays for Q1 are $

B. Total Cah outlays for Q2 are $

C. Total cah outlays for Q3 are $

D. Total Cash outlays for Q4 are $

Reference no: EM132053044

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