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hello can you please assist me? thank you. you awesome. This is financial accounting. 08 20-21 Cash receipts, with uncollectible accounts L0 P2 Wells Company

hello can you please assist me? thank you. you awesome. This is financial accounting.

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08 20-21 Cash receipts, with uncollectible accounts L0 P2 Wells Company reports the following sales forecast September, $48,000; October, $57,000; and November, $72,000. All sales are on account. Collections of credit sales are received as follows: 25% in the month of sale, 60% in the rst month after sale, and 10% in the second month after sale. 5% of all credit sales are written off as uncollectible. Prepare a schedule of cash receipts for November. Cash receipts from November cash sales Collection of October's sales _ Collection of September's sales _ Total cash receipts I 03 20-22 Computing budgeted accounts receivable L0 P2 Lighthouse Company anticipates total sales for June and July of $460,000 and $358,000, respectively. Cash sales are normally 70% of total sales. Of the credit salesI 15% are collected in the same month as the sale, 60% are collected during the rst month after the sale, and the remaining 25% are collected in the second month. Determine the amount of accounts receivable reported on the company's budgeted balance sheet as of July 31. $ 4am ,m,,, 713 m 0 Personnel 0 hi; ___._... ._ .6 W19 0 "in\" s is o' s o thparlrrant Numb W 95mm Mam 4o 1 o' Pmonnol s o .t mnufnmrhg a4 0 mm 43: o m 1w 0 Dopammm Hum m 9mm . _ now... . I. a. Pmnnal 15,500 a mnmm 77.5w 0 mm noon 0 Tom 155.00o o napalm mm 0mm 9mm Mandela moo " ' | o' _ PIrIunn 2.2m o' ' MM 50.1w 0 ' a PM 15.\") 0 o 08 24-15 Computation of break-even time LO A1 Heels, a shoe manufacturer, Is evaluating the costs and benets of new equipment that would custom t each pair of athletic shoes. The customer would have his or her foot scanned by digital computer equipment; this information would be used to cut the raw materials to provide the customer a perfect lit The new equipment costs $108,000 and is expected to generate an additional $41,000 In cash ows for 5 years. A bank will make a 5108.000 loan to the company at a 10% interest rate for this equipments purchase and compute the recover time for both the payback period and break-even time. (PV of 51, FV of $1. PVA of $1. and FVA of 51). (Use appropriate factor(e) from the tables provided.) (108.000) $ (100,000) 053 5 24-13 Internal rate of return L0 P4 A company is considering investing in a new machine that requires a cash payment of $67 949 today. The machine will generate annual cash flows of $20 270 for the next veA eayrs. What' Is the internal rate of return if the company buys this machine? (FVof1PVof 1,Aof 1 and PVA of 1) (Use appropriate factorls) from the tables provided.) Internal Rate of Return

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