1. XYZ Company sells books to universities. The company policy is to sell 70% cash and the rest in a form of accounts receivables to be collected after 3 months, the cost should be paid 60% cash and the rest in a form of accounts payables to be paid after 2 months Assuming that the company sales increase by 7% monthly and its COGS increases by 3% monthly. The required is to a. Fill the table. b. What does it mean to have negative cash flow while the company is making profits? Feb. March April May Jan. $120,000 $ 100,000 Month Sales COGS Cash inflow Cash Outflow Accounting Net Profit/Loss NCF 2. An analyst has been asked to evaluate a proposal. The manager of the automotive division believes that replacing the robotics used on one of the business production lines will produce total benefits of $700,000 in today's dollars) over the next 5 years. The existing robotics would produce benefits of $500,000 (also in today's dollars) over that same time period. An initial cash investment of $250,000 would be required to install the new equipment. The manager estimates that the existing roboties can be sold for $110,000. Using marginal cost benefit analysis techniques, determine the following: a. The marginal (added) benefits of the proposed new robotics. b. The marginal (added) cost of the proposed new robotics. c. The net benefit of the proposed new robotics. d. What should Ken Allen recommend that the company do? Why? 3. Graph the flow of funds through the financial system using your own graph and explain it briefly