i need 15-16-17-19 please

Brownie, Brownlee, Inc. had budgeted sales on account for the first two months of the current year as follows: January $500,000 February 570,000 All sales are made on terms of 2/10,n/30 and collections on receivables are typically Collections within the month of sale 60% Within the discount period 10% After the discount period Collections within the month following the sale 15% Within the discount period 10% After discount period Returns and uncollectibles 2% Compute the estimated cash collections for Brownlee, Inc for the month of February 3% a 16. A carefully planned formal budget benefits a company in many ways, except a. Evaluating the performance of each department b. Assigning decision making responsibilities c. Management responsibility d. Determining depreciation methods 17. Thalia Inc. borrowed $200,000 from its bank by signing a 10%, 15 year note payable in January. The note calls for 180 monthly payments of $2,000. Each payment includes an interest and principal component. What is Thalia, Inc.'s interest expense for January? What is the portion of Thalia's payment that will be applied to principal in the month of February? 18. Gyunwook Industries invests $750,000 is plant assets with an estimated 10 year life with no salvage value. These assets contribute $50,000 to annual net income when depreciation is computed on the straight-line basis. Compute the payback period. 6 19. Rodriguez Transportation Company, Inc. is considering buying extra trucks that will cost $150,000 and will produce annual cash flows of approximately $50,000 for five years. The trucks are expected to be sold at the end of the five year period for $30,000. What is the net present value of the proposed investment? Rodriguez requires a 15% return on all capital investments. 20. Using the tables in Exhibits 26-3 and 26-4, determine the present value of the following cash flows, discounted at an annual rate of 15 percent for Ashley Industries, Inc. a. $16,000 to be received annually for 10 years b. $36,000 to be received annually for five years, with an additional $18,000 salvage value expected at the end of the fifth year c. $75,000 to be received 20 years from today years