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Please answers for questions 1, 2, 3 and 4. THANKS You are the new financial manager of the company Vale Qtro that manufactures popsicle sticks,

Please answers for questions 1, 2, 3 and 4. THANKS

image text in transcribed You are the new financial manager of the company "Vale Qtro" that manufactures popsicle sticks, which has the following data: Additional information - Sales and cost of sales are shown net. - Sales are 40% cash and 60%30 days. - Purchases are made in cash - A loan of $60,000 is requested in January from a bank, which must be paid in 12 equal installments, with an annual interest rate of 12%. - A machinery is purchased in January for $54,000 with a useful life of 2 years and straight-line depreciation. - Selling and administrative expenses are 15% of projected sales. - VAT is 19%, payable the month after sale is made. - Income tax is 25%. Requested: 1. Develop Cash Flow of accounts payable and accounts receivable 2. Construct loan amortization table. 3. Construct Projected Cash Flow according to data and criteria given. 4. Construct Income Statement 5. Suppose there is a change in sales policy: 60% cash and 40% credit, which generates a 5% decrease in sales and a 4% decrease in direct cost of sales. Construct new Cash Flow and the new Income Statement. 6. Justify if it is convenient to apply previous change for company

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