Exam (elaborations)
FAC1502 Assignment 1 2024 - Due 18 August 2024
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FAC1502 Assignment 1 2024
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By: Hometutor • 3 months ago
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Attempts allowed: 2Time limit: 1 hour 15 mins
Grading method: Highest grade
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Marks / Grade /
Attempt State 50.00 100.00 Review Feedback
1 Finished 7 26 7 43 48 43.6 891 8 43 49 5 8 2 38 8
Submitted permitted , 8 3 8 43
Thursday, 15
August 2024, 5:23
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052 fin . 2 02 4 15 97 43
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Congratulations, you pass the assessment with a distinction.
, Question 1
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Marked out of 2.00
You are given the following information for Sibas Nail Bar: R
Equipment…………………………………................................................................. 149 500
Manicure tables and chairs………………………………........................................ 4 600
Inventory…………………………………………............................................................ 11 500
Clients owing Sibas Nail Bar…………………………………….................................... 28 750
Sibas Nail Bar owes Salon Suppliers……………………………………….................... 86 250
Bank ………………………………………........................................................................ 14 950
Short term loan………………………………………….................................................... 57 500
The total current assets of Sibas Nail Bar will be…
NB: Instructions
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Only show the amount, do not show the R (eg: 12141.72)
Answer: 55200
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