RM June (3,000) RM July (2,000) Cash Budget for Green Energy Solutions Sdn Bhd RM May OPENING BALANCE 20,000 RECEIPTS Sales Revenue 2.000 TOTAL 22,000 PAYMENTS Purchases 1,000 Wages 3,000 Advertising 1,000 Purchase of Motor Van 20,000 TOTAL. 25,000 CLOSING BALANCE (3.000) 8,000 5,000 13,000 11,000 3,500 2,000 4,000 1,000 0 7,000 (2,000) 4,000 1,000 0 8,500 2.500 Required: (a) From the cash budget, identify two cash flow problems. (4 marks) (b) Describe how the problems identified in part (1) could be solved. (10 marks) (c) From the cash budget, identify an example of: (i) a fixed cost; (2 marks) (ii) a variable cost. (2 marks) (d) Outline the purposes of producing a cash flow budget. (12 marks)