Question 5 (20 marks) Simunye Enterprises ("SE") is budgeting to sell 1000 units of product S in the forthcoming period. The selling price per unit of S is N$50. The cost of producing one unit of S is N$25. If SE sells on credit, they will incur a collection cost of about N$1 per unit sold. The weighted average cost of capital for SE is 15%. The normal year has 365 days. Required Calculate the profit to the SE if: 5.1 All sales are for cash; 5.2 Sales are made on credit and customers pay within 30 days; Marks Sub- Total total 2 2 4 6 5.3 Total Sales are made on credit and a 2% discount is granted if customers pay in 10 days. 50% of the customers will take advantage of the discount. 14 20 20 20