Question: please make sure to highlight correct answer zz, Inc. has budgeted sales in units for the next six mon ths as follows: July August September


zz, Inc. has budgeted sales in units for the next six mon ths as follows: July August September October November December Budgeted Sales in Units 4,400 units 7,200 units 6,900 units 8,600 units ????? units 7,990 units All sales are made on account. The selling price is $23 p er unit. The sales are collected in the pattern 11% in the month of sa le, 24% in the month following sale, 57% in the second month followi ng sale, and the final 8% is collected in the third month following sa le Calculate the total expected cash collections for the mon th of October ZZ, Inc. has budgeted sales in units for the next six mon ths as follows: July August September October November December Budgeted Sales in Units 4,400 units 7,200 units 6,900 units 8,600 units ????? units 7,900 units All sales are made on account. The selling price is $23 p er unit. The sales are collected in the pattern 11% in the month of sa le, 24% in the month following sale, 57% in the second month followi ng sale, and the final 8% is collected in the third month following sa le. Zz, Inc. reported a budgeted accounts receivable balance of $337,502 in its pro forma balance sheet at December 31 Calculate the number of units budgeted to be sold in Nove mber. Do not type the word units after your answer XYZ Company is considering the purchase of a new piece of equipment and has gathered the following information about the purchas e: . . . . $20,000 20% of original cost o Initial investment Annual cost savings Salvage value in 6 years ... f the equipment Repair in 4 years ....... ..... Cost of capital Life of project ....... .... $14,000 10% 6 years The net present value of this new equipment was -$37,779. Calculate the salvage value for this piece of equipment. You will need to use the time value of money table factor s posted in carmen to answer this question. To access these factors, click modules and then scroll to week 8. Click on the link labeled pres ent & future value table factors. No credit will be awarded for this a uestion using a means other than these table factors to answer this que stion
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