True and false please

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Kemba Company's product has a selling price of $160 per unit, and Kemba has a target profit of 20%. Using the target cost method, Kemba Company's highest acceptable cost per unit is $128. True or False True False Morris Company reports the following budgeted credit sales: September. $110,000; October, $132.000; and November. $160,000, If the company collects 60% of credit sales in the first month after the sale and 35% in the second month after the sale, Morris Company will have cash receipts of $117700 in November True or False True False A project requires an $840,000 initial investment for new machinery with a five-year life and a salvage value of $90,000. The project is expected to yield annual income of $60,450 per year and net cash flow of $209,250 per year for the next five years. The project's accounting rate of return equals 45.0%. True or False True False