Question 4 horn company is considering the purchase

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Question 4Horn Company is considering the purchase of a new machine for \$128,000. The machinewould replace an old piece of equipment that costs \$41,860 per year to operate. The newmachine would cost \$16,140 per year to operate. The old machine currently in use can besold for \$6,000 if the new machine is purchased. The new machine would have a usefullife of ten years with a \$5,000 salvage value.Calculate theaccounting rate of returnon the machine that Horn Company is consideringbuying.12,300=11%
Question 5Detmer Enterprises has budgeted sales for the next four months as follows:Budgeted Sales in UnitsJanuary7,400 unitsFebruary5,300 unitsMarch3,900 unitsApril????? unitsDetmer's product sells for \$20 each. Experience has shown that 10% of the company'ssales are cash sales and 90% of the company's sales are made on account. The sales onaccount are collected in the pattern 30% in the month of sale, 45% in the monthfollowing sale, and 25% is collected in the second month following sale.Calculate thetotal expected cash collections for the month ofMarch.
Question 6Detmer Enterprises has budgeted sales for the next four months as follows:Budgeted Sales in UnitsJanuary7,400 unitsFebruary5,300 unitsMarch3,900 unitsApril????? unitsDetmer's product sells for \$20 each. Experience has shown that 10% of the company'ssales are cash sales and 90% of the company's sales are made on account. The sales onaccount are collected in the pattern 30% in the month of sale, 45% in the monthfollowing sale, and 25% is collected in the second month following sale.Detmer's pro forma balance sheet at April 30 reported a budgeted accounts receivable

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Term
Winter
Professor
MARCSMITH
Tags
Quiz 6, ACCT 2300, Generally Accepted Accounting Principles, Internal rate of return, XYZ Company, Detmer