answer all the questions

Total 22 125 Marks) Question The Plant Company's budgeted sales for the first quarter of 2020 are as folows NS January 400 000 February 320 000 March 480 000 Total 1 200 000 Credit sales are normally collected as follows: In the month of sale The month following the sale The second month following the month of the sale Total Percent (%) 50 30 20 100 The firm's beginning balance of accounts receivable is NS150 000 and is composed of the following From December 2019 sales From November 2019 sales Total NS 100 000 50 000 150 000 The company offers a 2% cash discours to its wholesale customers who pay their bits within the month of sale MARKS 1 4 REQUIRED 3.1 What is a cash budget? 12 Compute the amount of sales for November and December 33 Prepare a cash budget of cash collections for each month the first quarters 2020 and a ton ohe quarter 3.4 Calculate the balanced accounts receivable at March 31, 2020 3.5 Name our benefits for the company of using a cash budget 13 3 4 Page 15 of 16 FACULTY OF ECONOMIC & MANAGEMENT SCIENCES TOTAL MARKS 25 Question 4 (10 Marks NamBank has identified business opportunities in two SADC markets. a research was commissioned and following data were produced Angola Botswana Income expected NS 1.7 mil N$ 1.2 mi It is expected that NamBank would have to make initial investment of NS 11 ml & NS 6 mill with respect to Angola and Botswana. The company's overall required return on its investments is 16% REQUIRED Marks