7. A company has the following information: The production budget for the six-month period to 30 June 2022 shows that the cost of raw materials to be used in that period will be P331,000. Required: Calculate the cash that will be paid to suppliers during the six-month period to 30 June 2022. (4 marks) 8. State and explain five functions of a financial system. (10 marks) 9. Briefly explain the role of financial markets in the financial system. (4 marks)