Navigator sells GPS trackers for $50 each. It expects sales of 5,000 units in quarter 1 and a 5% increase each subsequent quarter for the next 8 quarters. Prepare a sales budget by quarter for the first year. NOTE: Enter amounts rounded to the nearest whole dollar. Quarter 1 Quarter 2 Quarter 3 Expects Sales in Units Sales Price per Unit Expects Sales in Dollars S $50 SA $50 69 $50 Quarter 4 $50 $ 60 TOTAL $50
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- JoAnn Manufacturing has projected the following sales for the coming year: Sales $25,847.50 C$25,182.50 $22,604.17 Q1 $23,560.83 Q2 $ 54,750 $ 61,850 Q3 The company places orders each quarter that are 35 percent of the following quarter's sales and has a 30-day payables period. What is the payment of accounts for the third quarter? $70,050 Q4 $75,750Keeds Products has projected the following sales for the coming year 01 02 Sales $14,600 $13,750 Multiple Choice The company places orders each quarter that are 35 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? $4,812.50 $4.90875 $3,400 83 03 $14,575 $5,005 00 04 $15,625JoAnn Manufacturing has projected the following sales for the coming year 01 02 03 04 Sales $53,475 $59,725 $ 68,775 $ 74,050 The company places orders each quarter that are 30 percent of the following quarter's sales and has a 30-day payables period. What is the payment of accounts for the third quarter? Mutiple Choice O $21.360.00 121687.50 $22.22969 $19,72750
- Navigator sells GPS trackers for $42 each. It expects sales of 1,789 units in quarter 1 and a 7% increase each subsequent quarter for the next 8 quarters. Calculate the total sales for the first four quarters (year 1). Round to the nearest penny, two decimal places.Keedis Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 10,550 $ 12,850 $ 13,675 $ 15,175 The company places orders each quarter that are 30 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? Multiple Choice $4,020.00 $3,937.50 $3,855.00 $2,735.00 $3,395.00Westmore Products has projected the following quarterly sales. The accounts receivable at the beginning of the year is $425 and the collection period is 45 days What are collections for the first quarter? Sales Q1 $ 700 Multiple Choice $350.00 $658 33 $736 67 $700.00 02 $ 755 Q3 $ 840 Help Save & Exit 04 $ 1,130 Sub
- Al-Morooj Co. has the following sales forecasts for its hip waders next year: First Quarter 8500 unitsSecond Quarter 7% increase over first quarterThird Quarter 5% decrease from first quarterFourth Quarter 5% decrease over first quarter Required:Calculate the Al-Morooj's estimated sales in units for next year.Print Item Navigator sells GPS trackers for $60 each. It expects sales of 5,700 units in quarter 1 and a 5% increase each subsequent quarter for the next 8 quarters. Prepare a sales budget by quarter for the first year. Round final answers to nearest whole dollar. Navigator Sales Budget For the Year Ending Dec. 31, 20XX Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Expected Sales (Units) Sales Price per Unit Total Sales Revenue Feedback Check My Work Increase the expected sales amount each quarter by 5%. PreviousSexton Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 930 $ 1,010 $ 970 $ 1,070 Sales in the year following this one are projected to be 10 percent greater in each quarter. a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate payments to suppliers assuming a 90-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g ., 32.16.) c. Calculate payments to suppliers assuming a 60-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)
- Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year Apr $14,000 S70.000 Feb Cash sales Credit sales On average, 50% of credit sales are paid for in the month of the sale. 30% in the month following sale, and the remainder are paid two Jan $15.000 $100,000 $24,000 $120.000 Mar $20,000 $90,000 months after the month of the sale Assuming there are no bad debts, the expected cash intlow in March is:Dhofar Inc. has the following sales forecasts for next year:First Quarter 10,000 units Second Quarter 6% increase over first quarter Third Quarter 4% decrease from second quarter Fourth Quarter 7% increase over first quarter What is Dhofar's estimated sales in units for next year? Select one: a. 42,225 units b. 41,485 units c. 41,900 units d. 41,476 unitsWildcat, Incorporated, has estimated sales (in millions) for the next four quarters as follows: Q1 Q2 Q3 Q4 Sales $170 $185 $200 $225 Sales for the first quarter of the year after this one are projected at $180 million. Accounts receivable at the beginning of the year were $71 million. Wildcat has a 45-day collection period. Wildcat's purchases from suppliers in a quarter are equal to 45 percent of the next quarter's forecast sales, and suppliers are normally paid in 36 days. Wages, taxes, and other expenses run about 25 percent of sales. Interest and dividends are $14 million per quarter. Wildcat plans a major capital outlay in the second quarter of $85 million. Finally, the company started the year with a $54 million cash balance and wishes to maintain a $30 million minimum balance. Assume that Wildcat can borrow any needed funds on a short-term basis at a rate of 3 percent per quarter and can Invest any excess funds in short-term marketable securities at a rate of 2 percent per…