Need help with a finance question regarding a cash budget

AutoSave OFF Home Insert Draw Design Layout References Mailings Review View Tell me v 1 Line Numbers Indent Spacing Left: 0 cm Text Margins Orientation Size Columns Breaks bc Hyphenation Right: 0 cm Before: O pt After: 0 pt Direction Document2 Position Wrap Text Bring Send Selection Forwards Backwards Pane Align Group Rotate Share Comments Budgeting Ahead On 1 April 2021, PQR Pte Ltd is attempting to budget cash flows through 30 June 2021. On 31 May 2021, the principal of a secured bank loan, $10 million, will be payable. This bank loan was secured at 6% per annum. Cash Interest payment on this loan are settled monthly. An interim tax payable of $1.5 million is due on 30 June 2021. The company only transact on credit sales. A discount of 5% is given to all customers who pay within one month. 50% of the accounts receivable will be received in the month of sale. 25% will be collected in the following month, and the remaining will be received in the month after next. There is a 5% provision for bad debt for accounts receivable in the month after the next. Projected and Actual Sales are: Projected Sales Actual Sales January 35,800,000 February 34,000,000 January February 34,900,000 34,400,000 March 35,000,000 March 35,200,000 April 36,000,000 April May 36,600,000 May June 35,500,000 June July For the Year ending 31 Dec 37,000,000 500,000,000 July For Year to Date 104,500,000 Total budgeted fixed operating expenses for the year are $35 million Fixed costs are accrued evenly through the year. The operating variable costs is determined to be 20% of that month's projected purchases, which accrued evenly with purchases. Both fixed and variable operating expenses are paid in the month incurred. Opening cash balance as at 1 April 2021 is $4 million Requirements: You will be required to write a management report in which the following points should be discussed. Analyse the Investment proposals by using NPV and IRR and provide recommendations. You should also briefly comment on other investment proposal techniques that PQR Pte Ltd may use, and the limitations of using these techniques. . Provide an explanation on the different sources of funding available to the company, and their advantages and disadvantages and make recommendations as to how these funding sources are appropriate to the planned investment project. Analyse the level of breakeven required if PQR Pte Ltd proceeds with the investment. Prepare a forecasted cash budget for April to June 2020. An evaluation of PQR Pte Ltd performance or position during the same period. A detailed Literature Review of the tools you have used such as capital investment techniques, breakeven analysis and budgets and their importance to the business case. Other issues for management to consider that you think are vital for them to survive and make a profit. Purchases are made on basis of 60% the following month's projected sales. 40% of the purchases are paid for in the month of purchase, and a 5% prompt settlement discount is received. The remainder is paid in full the following month. Page 2 of 2 456 words English (Singapore) Focus E 150%