000 accumulated - Study guides, Class notes & Summaries

100% SOLUTIONS FOR FAC1601 QUESTIONS ANSWERED Which of the following statements is correct: 1. A liability is a future obligation of a reporting entity to transfer an economic resource as a result of a past event. 2. The accounting equation is: Liabilities + Assets = equity 3. The value of a reporting entity lies in the net assets (assets minus liabilities) under its control. 4. Equity is the residual interest in the assets of the entity after deducting all the expenses.Question text The d...

DSC1630 Assignment 2 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references .. Question 1 Complete Mark 1.00 out of 1.00 Question 2 Complete Mark 1.00 out of 1.00 QUIZ Mary invested R40 000 in order to have R56 000 available in 30 months’ time. The yearly rate, compounded semi-annually, is a. 7,21%. b. 8,00%. c. 13,92%. d. 14,41%. Bhongo received R32 412,87 after investing an ...

Well-structured DSC1630 Assignment 2 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).... Question 1 Complete Mark 1.00 out of 1.00 Question 2 Complete Mark 1.00 out of 1.00 QUIZ Mary invested R40 000 in order to have R56 000 available in 30 months’ time. The yearly rate, compounded semi-annually, is a. 7,21%. b. 8,00%. c. 13,92%. d. 14,41%. Bhongo received R32 412,87 after investing an amount of money in an account earning in...

MAC3701 Assignment 1 Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on 079 811 9845 . QUESTION 1 Which one of the following is not a characteristic of activity-based-costing (��ABC”) system? A. Because of the extensive number of cost drivers that must be identified and measured, this costing system can be prohibitively expensive to implement and operate. B. The allocation basis is referred to as ‘cost driver’, as a cause-and-effec...

FIN3701 FINANCIAL MANAGEMENT MAY/JUNE 2017 MEMO (Q1) 2 cost 1 000 000 Accumulated depreciation (20% x 1 000 000) x 3 (600 000) 400 000 (Q2) 2 proceeds 200 000 Book value (400 000) Loss (200 000) Tax benefit (29% x 200 000) 58 000 (Q3) 1 200 000 + 58 000 (Q4) 3 750 000+20 000+5000-258 000-7000 (Q5) 2 (Q6) 2 (Q7) 1 (Q8) 2 NPV = PI (initial investment)-initial investment (Q9) 2 (Q10) 1 (Q11) 1 discount rate= 6%+0.9(9-6) =8.7 NPV= 400 000{(1.0875 -1)/0.087(1.0875...

Well-structured DSC1630 Assignment 3 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).... Question 1 Complete Mark 1.00 out of 1.00 Question 2 Complete Mark 1.00 out of 1.00 QUIZ Quarterly payments of R7 000 are made into an account earning 6,57% per year, compounded monthly. The accumulated amount after 12 yearsis a. R122 095,12. b. R336 000,00. c. R231 205,73. d. R506 569,30. Cyril buys a house and makes a down payment of 35% ...

FAC2246 October Exam (DETAILED ANSWERS) 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question 1 (20 Marks) The partnership agreement of Madi-Maxi Traders provided for the following: Balances on 1 March 20.19: Capital: Madi R 125 000 Maxi R 85 000 Current Account: Madi R 24 000 Maxi R 8 000 (debit) Net profit for the period: R 366 000 Transactions during the year, not included in profit: 1. Madi wi...

FAC3247N Application based assignment for the October Exam Cycle 2 (DETAILED ANSWERS) 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . QUESTION 1 [35 MARKS] The following are the balances of Jojo Ltd and its subsidiary, Single Ltd, at 31 December 20.22. Credits Jojo Ltd Single Ltd Share capital – ordinary shares (100 000 / 50 000) Retained earnings – 1 January 20. Gross profit Dividends received...

QUESTION 1 (25 marks; 45 minutes) Lesidi Limited, a company listed on the Johannesburg Stock Exchange (JSE), specialises in manufacturing paint. Their flagship product, Yizo, has been rated the best paint by the South African Paint Association for the past ten years. This top award has driven Lesidi's success and challenged them to innovate continuously to maintain Yizo's quality standards. The company has developed various Yizo product variations and is always looking for innovative ways to i...

DSC1630 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 (234683) - DUE 5 September 2024 DSC1630 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 (234683) - DUE 5 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. Question 1 Complete Mark 1.00 out of 1.00 Question 2 Complete Mark 1.00 out of 1.00 QUIZ Quarterly payments of R7 000 are made into an account earning 6,57% per year, compounded monthly. The accumulated amount after 12 yearsis a. R122 095,12. b. R336 000,00. c...