Question: plz help with the whole question if possible Chapter 4,67 Assignment Sed Suve & Ext Submit 9 Check my work Apollo Data Systems is considering


Chapter 4,67 Assignment Sed Suve & Ext Submit 9 Check my work Apollo Data Systems is considering a promotional campaign that will increase annual credit sales by 5740,000 The company will require investments in accounts receivable, inventory, and plant and equipment. The turnover for each is as follows: 10 points Accounts receivable Inventory Plant and equipment 5x Ex 2x 02:12:24 OR All $740,000 of the sales will be collectible. However, collection costs will be 2 percent of sales, and production and selling costs will be 74 percent of sales. The cost to carry inventory will be 5 percent of inventory Amortization expense on plant and equipment will be 6 percent of plant and equipment. The tax rate is 40 percent. Inventory is calculated using sales and not cost of goods sold. a. Compute the investments in accounts receivable, inventory and plant and equipment based on the turnover ratios What is the tota value of the investment made? Wtorences $ Accounts receivable Inventory Plant and equipent $ Total Investment
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