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Both questions 6.3 and 6.4 E6.3 Zaragoza Enterprises produces and sells a ceiling fan to retail outlets. Each fan costs Zaragoza $40 to produce and

Both questions 6.3 and 6.4 image text in transcribed
E6.3 Zaragoza Enterprises produces and sells a ceiling fan to retail outlets. Each fan costs Zaragoza $40 to produce and S5 to sell. Zaragoza charges its customers s90 per fan. Estimated sales for the first quarter are 50,000 fans and sales are expected to increase by 10 percent per quarter for the first two years. What is the expected sales revenue per quarter for Zaragoza for the first two years? E6.4 To aid in preparing its budget for March 2008, Gotfredson Company has provided the following infor- mation: Amount owed by customers, March 1,2008 Estimated sales for March 2008 Estimated amount owed by customers, March 31, 2008 400,000 1,400,000 525,000 What are the estimated cash receipts for March 2008

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