Question $1$

A project$-$based organization has reached out to you for assistance in planning next year's sales. In the past, the company has not prioritized planning for its investment needs, which has led to cash flow difficulties. This lack of foresight has caused missed sales opportunities and periods when salaries couldn't be paid. They are now seeking your help to create a financial plan for the upcoming year to address potential external immestment needs. The income statement and balance sheet are provided below for your reference:

Income Statement

$\backslash$table$[[$Description$,,$Amount$/$Rand$],[$Sales$,,30499420],[$Cost of goods sold,,$22224580],[$Other expenses,,$3867500],[$Depreclation$,,1365680],[$EBIT$,,3040660],[$Interest$,,478240],[$Taxable income,,$2562420],[$Taves $(40\%),,102590],[$Net income,,$1537452],[$Dividends: $560000],[$Add lo methededminge $977452]]\backslash$table$[[$ASSEIS$],[$CURRENT ASSETS,Rands$],[$Cash$,441000],[$Accounts receivable,$708400],[$Irventory$,1037120],[$rotal current assets,$2186520],[$Net plant and equipment,$16122400],[$rotal assets,$18308970],[$UABILIES Question $1$

A project$-$based organization has reached out to you for assistance in planning next year's sales. In the past, the company has not prioritized planning for its investment needs, which has led to cash flow difficulties. This lack of foresight has caused missed sales opportunities and periods when salaries couldn't be paid. They are now seeking your help to create a financial plan for the upcoming year to address potential external immestment needs. The income statement and balance sheet are provided below for your reference:

Income Statement

$\backslash$table$[[$Description$,,$Amount$/$Rand$],[$Sales$,,30499420],[$Cost of goods sold,,$22224580],[$Other expenses,,$3867500],[$Depreclation$,,1365680],[$EBIT$,,3040660],[$Interest$,,478240],[$Taxable income,,$2562420],[$Taves $(40\%),,102590],[$Net income,,$1537452],[$Dividends: $560000],[$Add lo methededminge $977452]]\backslash$table$[[$ASSEIS$],[$CURRENT ASSETS,Rands$],[$Cash$,441000],[$Accounts receivable,$708400],[$Irventory$,1037120],[$rotal current assets,$2186520],[$Net plant and equipment,$16122400],[$rotal assets,$18308970],[$UABILIES