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Question 5 Cash Impact (5 marks: [ minutes) Please include calculations in calculation area. Red Rose Lid, is very excited because sales for the nursery and plant company are expected to increase from $680,000 to $1,500,000 next year. Red Rose's net assets (assets - liabilities) will remain at 50 percent of sales. The company will enjoy an 8 percent return on total sales and began the year with $100,000 in the bank. Required: Calculate the likely cash balance for the end of the year. Discuss how will this impact Red Rose's cash position ensure you show all calculations to support your