2. The following projected 2022 figures were provided to you by the Marikit Company for analysis: (80% on credit) Sales Cost of goods sold Operating expenses Non-cash charges included in Cost of goods sold Operating expenses P 8,872,500 3,629,585 1,822,420 P 220,500 88,725 The company operates on a five working days per week or 260-days per year. Required: a. Minimum cash balance for two weeks? (10 pts.) b. Average collection period if the accounts receivable on the average amounted to P443,625 ? c. If receivable turnover is expected to increase by 15%, how much will average receivable be?