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Question 3 Exquisite Shoes are stockists of industry-approved safety boots. The company is planning for the quarter ending in December and has supplied the following

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Question 3 Exquisite Shoes are stockists of industry-approved safety boots. The company is planning for the quarter ending in December and has supplied the following information: Purchases The forecast purchases of raw materials for the next three months are: 40% of its purchases are in cash, and the remainder is on credit. Of the credit purchases, 50% is paid in the month of purchase, and the other 50% is paid in the month after the purchase. The September 30 accounts payable balance is $30000 Required: a) Prepare a schedule of expected cash disbursements for each of the three months (OctoberDecember), including the total cash payments of raw materials for the quarter. ( 5 marks) b) Suggest two ways Exquisite Shoes can improve its cash position in the next quarter. (2 marks) ANCWED hl. I Question 4 (7 marks) a) i) Explain in your own words how using ROI as a performance measure can lead to decisions that may harm a company's future competitiveness. 12 marks) ii) Recommend a solution to using ROI as a performance measure. (1 mark) Word limit: 250 words b) Explain the value strategy maps offer to an environmental consulting firm, which provides expert assessment and advisory services for their clients on matters pertaining to the management of environmental issues. Include an example to support your answer. Word limit: 250 words (4 marks)

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