Question Completion Status: QUESTION 26 Candilyicious, a candy show in Dubai expects the following sales and material payments for the period January till May of the coming year (all numbers are in thousands) Sales Material Payments January BD 14,000 BD 18,000 February 30,000 21,000 March 46,000 19,100 Apri 22,000 22.400 May 18,000 14,000 The company notes that historically 30% of sales are for cash, 40% are collected one month after the sale, 30% are collected in the second month after the salo Matorial payments are paid in the same morth of incurronce Labor expenses are 5% of the month's sales Fent payments are BD 1.200 per month Capital investment of BD 25000 i expected in May. The firm's ending cash belance in February was BD 2000, and its minimum required cash balance is BD 2,500 Compute Candylicious Cash Recepts (2 marks) -Cash Payments (2 marks) and Net Cash Flow (1.5 mark) for March. April and May Cash Receipts March Apr Total cash receipts (2 marks) Cash Payments Apot Click Save and Submit to save and submit. Click Save All Answers to save all an March 22,000 22.400 May 18,000 14,000 The company notes that historically 30% of sales are for cash, 40% are collected one month after the sale 30% are collected in the second month after the sale. Material payments are paid in the same month of incurrence Labor expenses are 5% of the month's sales Rent payments are BD 1,200 per month Capital investment of B0 25000 expected in May. The firm's ending cash balance in February was BD 2000, and es minimum required cash balance is BD 2,500 Compule Candylicious Cash Recipes (2 marks) -Cash Payments (2 marks) and Net Cash Flow (1.5 mark) for March, April and May Cash Receipts March April May Total cash receipts (2 marks) Cash Payments March Apri Total payments (2 marks) Candlyicious Net Cash Flow (Cash Budget) March April Net Cash flow (1.5 marks) Click Save and Submit to save and submit. Click Save All Answers to save all ansvers D May May