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Year $1$Year $2$Year $3$Year $4$Year $5$ASSETSTROPICANA LIMITEDCurrent assetsInventoriesNon$-$current assetsCashTotal assetsSTATEMENT OF FINANCIAL POSITION AS AT $31$ ?DECEMBER $2024$Property. plant and equipment $($carrying value$)$QUESTIONSAccounts receivableSalvage valueAnewer ALL eueetionsThe Staternent of Financial Position as of $31$ ?December $2024$ ?is as followsRetained earningsInitial investmentCost of capitalead the caee stuy and ee he ouestins ht toewEQUITY AND LIABILITIESLong$-$term loanExpected useful lifeShareholders' equityhe maiorLimiedenlers in Geng nd hasers & comprehere rroe efmaket enderoverhy prodt ad sgunlity, value ard excellert custoer serviceohing octer and firncin sences n Soug formen, wCurrent liabilitiesAccounts payableThe following projections and proposas were msde by Tropicana LimSales are estimated to be R$15000000,50\%$ ?more han hennce of RSO$0000$represent the same percentagchased during May $2025$ ?Eouiomsales s for $2024.$ ?Vehicleso is expected to bwth a cost price of RS$00000$cted to be R$140000025000$ ?shares at R$100$ ?each are expected to be issued during Janury $2025$e sold for$50000$ ?at the end of June $2025$ ?ThecompayY predicts a net proft ma$(10\%)$ ?of the company tax for $2025$ ?is expected to be owed to South African Revenue Serices on $31$argin of $14\mathrm{.}6\%.$ ?The tax rate of the company is $27\%.$ ?Ten percentDecember $2025.$ ?A final dividend of $900$ ?cents per share, payable during $2026,$ ?is expected to be decaredat the endof $2025.$ ?The loan balance on $31$ ?December $2024$ ?is expected toThe amount of external funding $($non$-$current labilities$)$ ?must be determinedd to be reduced by $30\%$ ?during $2025$Ordinary share capital $(150000$ ?shares$)$Non$-$current liabilitiesDepreciation per yearProfit per year:Total equity and liabilitiesTROPICANA LIMRetorAca Thie retit btAcoounts recevable ad Aceunts $2024$ ?The oompany maintains a casor $2025$Spayable balnces at he end of $2025$tprioe of RS $000000$ ?wt bescoumated depreciation ofa depreciation for $2025$ ?inPROJECTAR$40000005$ ?years$0$sCe erinon Teoecana$12\%$R$800000$Tropicana Limited is in the process of evaluating two investment opportunities for $2026,$ ?as part of itsdiversification strategy. The estimated profits relating to the two alternative projects and other details areas follows:R$300000($lgnore the investment opportunities for $2026.$ ?Show all the calculations.$)$R$400000$R$800000$R$200000$R$100000$ss offersR$1.$ ?Prepare the Pro Forma Statement of Financial Position as of $31$ ?December $2025\mathrm{.}1000000010000000$o$9000000600000025000005000001900000014000000120000002000000300000030000002000000200000019000000$PROJECT BR$40000005$ ?years$012\%$R$800000$R$360000$R$360000$R$360000$R$360000$R$360000(16$ ?Marks$)$UTED BUDGETING INTATVES

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