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i dont have much time left only 30 mins CALCULATION AREA Question 5 Cash Impact 5 marka 3 minutes) Please include calculations in calculation are
i dont have much time left only 30 mins
CALCULATION AREA Question 5 Cash Impact 5 marka 3 minutes) Please include calculations in calculation are Red Rose Ltd. is very excited because sales for the nursery and plant company are expected to increase from $680,000 to $1,500,000 next year. Red Rose's net assets (assets - liabilities) will remain at 50 percent of sales. The company will enjoy an 8 percent return on total sales and began the year with $100,000 in the bank. Required: Calculate the likely cash balance for the end of the year. Discuss how will this impact Red Rose's cash position ensure you show all calculations to support your answer. 4 Calculations: 6 7 8 9 Cash Balance 10 11 Calculations: 10 11 Cash Balance 18 15 16 17 18 19 20 21 2 3 4 03 - Gross Profit Margin 04 - Percentage of Sales Method Q5 - Cash Impact Q6 - Cash Flow Step by Step Solution
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