Information on four investment proposals is given below: Investment Proposal Tovestirent required Present value of cash inflows Net present value Life of the project $(120,000) $ (180,000) $(30,000) $(1,560,00 172.000 250, eee 48,600 2,881,000 $ 52,000 $70,000 $ 18,600 $ 521,000 5 years 7 years 6 years 6 years Required: compute the project profitability Index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference. Lilvestment Proposal Project Profitability Iridex Rank Preference A B G D Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: Budgeted sales (11 on account) April $500,000 $700,000 June $240,000 Total $1,440,000 From past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 60% are collected in the month following sale, and the remaining 20% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $430,000, and March sales totaled $460,000, Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2 What is the accounts receivable balance on June 30th? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. Schedule of Expected Cash Collections April May June Total February sales March salos April sales May sales June sales Total cash collections Required 2 > Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below. Budgeted sales (oll on account) April $500,ede May $700,000 June $240,000 Total $1,440,000 From past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 60% are collected in the month following sale, and the remaining 20% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $430,000, and March sales totaled $460,000 Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total for the second quarter 2 What is the accounts receivable balance on June 30th? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the accounts receivable balance on June 30th Total accounts receivable at June 30