Answer the different questions listed below:

$1.$ Crew Clothing $($CC$)$ sells women's resort casual clothing to high$-$end department stores and in its own retall boutlques. CC expects

sales for January, February, and March to be $$520,000,$$$580,000,$ and $$600,000,$ respectively. Twenty percent of CC$\text{'}$s sales are cash,

with the remainder collected evenly over two months. During December, CC$\text{'}$s total sales were $$830,000.$ CC is beginning its budget

process and has asked for your help in preparing the cash budget.

Compute CC$\text{'}$s expected cash recelpts from customers for each month.

$2.$ Garfield Corporation expects to sell $1,300$ units of its pet beds in March and $800$ units in April. Each unit sells for $$130.$ Garfield's

ending inventory policy is $40$ percent of the following month's sales. Garfield pays its supplier $$60$ per unit.

Compute Garfield's budgeted purchases of pet beds for March.

Total cost of budgeted purchases

$5.$ Violet Company has sales of $$457,000,$ net operating Income of $$253,000,$ average invested assets of $$808,000,$ and a hurdle rate of

$10\mathrm{.}00$ percent.

Calculate Violet's return on Investment and its residual Income.

Note: Enter your ROI answer as a percentage rounded to two decimal places, $($l$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34\%).$ Round

your Residual Income $($Loss$)$ answer to the nearest whole dollar.

$6.$ Peppertree Company has two divisions, East and West. Division East manufactures a component that Division West uses. The varlable

cost to produce this component is $$1\mathrm{.}46$ per unit; full cost is $$2\mathrm{.}07.$ The component sells on the open market for $$5\mathrm{.}00.$

Assuming Division East has excess capacity, what is the lowest price Division East will accept for the component? What is the highest

price that Division West will pay for It$?$

Note: Enter your answers in $2$ decimal places.

Lowest price Division East will accept

Highest price Division West will pay