Takor Corporation

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The Takor Corporation’s purchases from suppliers in a quarter are equal to 70 percent of the next quarters forecasted sales the payback period is 60 days wages taxes and other expenses are 30 percent of sales and interest and dividends are 75 per quarter no capital expenditures are planned Projected quarterly sales are Q1 Q2 Q3 Q4 Sales 2,010 2,310 2,010 1,710 Sales for the first quarter of the following year are projected at 2,340 calculate the company’s cash outlays by completing the following Q1 Q2 Q3 Q4 Payment of accounts Wages taxes other expenses Long term financing expenses (interest and dividends) Total