Analysis:- Question 1: ABC Company has been operating for 2 years producing irons. In the month of June, they have sold a total of 350,450 irons. For the month of July, their target sales is to sell 500,000 irons by the end of the month where 65% of their months production will be carried over to the next month. There are 355,000 finished irons in inventory. Based on an aniticpated 10% monthly growth rate by the company, prepare the production requirement in units of finished product for the next four months. (10 Marks) Question 2: Company XYZ, who specializes in producting T-shits, knows well that a business must earn enough to pay for all costs and still keep itself in an adequate state of liquidity. They also know that profit is an essential cost of any business activity. It must be planned and managed just like other costs of doing business. Based on theif profit plan, the company expectes to make $300,00 in February in T-shit sales, $340,000 in March and $365,000 in April in sales. Based on the expectation cash collection of the treasury manager, the company expected to receive at least 50% of the amount in the month of sale, 20% in the month following sale, and 30% in the second month following sale. Based on your evaluation, determen whether the collection targets are correct. Based on your evaluation, present your recommendations to the company