26 8 01:49:57 Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are collected in the second month after the sale. Compute the amount of accounts receivable reported on the company's budgeted balance sheet for June 30. Ask Multiple Choice $561,500. $712,500. $463,125. $532,500. $617,500. 27 01:49:39 Maxim has already spent $29,700 to manufacture a hamster food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand that can be sold for $92,880. Alternatively, Maxim can process it further into a different product, Premium Green, at an additional cost of $6,225. If Maxim processes further, the Premium Green can be sold for $101,150. The incremental income to process further is: Ask Multiple Choice $8,270. $(8,270). $2,045. $(2,045). $3,045. 28 Holo Company reported the following financial numbers for one of its divisions for the year; average assets of $6,200,000; sales of $6,575,000; cost of goods sold of $3,625,000; and operating expenses of $1,307,000. Compute the division's return on investment: 8 01:49:28 Multiple Choice Ask 30.5%. 19.9%. 26.5%. 19.6%. 23.9%