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Help me with the following homework. E May June July August September | October Cash 16,000 18,000 20,000 22,000 Sales 12,000 14,000 Credit Sales 25,000

Help me with the following homework.

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E May June July August September | October Cash 16,000 18,000 20,000 22,000 Sales 12,000 14,000 Credit Sales 25,000 26,000 27,000 28,000 29,000 30,000 Monthly 37,000 40,000 43,000 46,000 49,000 52,000 Sales The bank balance on 30 June is budgeted to be $25,000 (in funds). An overdraft fee of E20 is charged when any end-of-month bank balance is overdrawn, and any end-of-month positive bank balance (that is, it is not overdrawn) attracts 1% interest. Bank fees and interest, where arising, are applied in the following month. TASK for part b) Using the information given above relating to Whyzee Limited, prepare their cash budget for the four months from July to October 2017. (12 marks) June 2017 7B/PQP/21 Continued C) Based upon the scenario and your cash budget in 4b) above, what conclusions can be drawn and therefore what recommendations can be given to Whyzee Limited? (4 marks) Total 20 marks All calculations should be presented to the nearest whole E\f1. 'The most we can say about the Demand Curve is that it slopes down unless it slopes up.' Discuss. 332 Examination questions and answer notes 333 2. Explain the determination of the optimal price and output combina- tion in a situation of monopolistic competition. Use the resulting equilibrium to illustrate the statement that 'production inefficiency is a necessary price to pay for product variety'. Comment on this statement. 3. Assess the contribution of business games to the study of decision- making processes, illustrating your answer by reference to one business game with which you are familiar. 4. Given that the future is unknown, the best we can do is to estimate the likelihood of future events and then use expected profit as the decision criterion.' Discuss

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