Workout Together Has Projected the Following Sales for the Coming

question 26

Multiple Choice

Workout Together has projected the following sales for the coming year:
Sales in the year following this one are projected to be 18 percent greater in each quarter.Assume the firm places orders during each quarter equal to 35 percent of projected sales for the next quarter.How much will the firm pay to its suppliers in Quarter 2 if its accounts payable period is 60 days?

• A) $212.67
• B) $241.33
• C) $291.67
• D) $351.33
• E) $356.67

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Definitions:

Auditory Stimulation

A process by which sounds provoke psychological or physiological responses.

Time Lag

The delay between the initiation of an action and its effect or outcome.

Locating Sounds

The ability to identify the source or direction of sounds in the environment, involving auditory processing.

Kinesthesis

The sense that detects body position, weight, or movement of the muscles, tendons, and joints.