100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MAC3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024 $2.84   Add to cart

Exam (elaborations)

MAC3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024

 53 views  5 purchases
  • Course
  • Institution
  • Book

MAC3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us... QUESTION 1 (25 marks; 45 minutes) Lesidi Limited, a company listed on the Joha...

[Show more]

Preview 2 out of 15  pages

  • September 2, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
MAC3702
Assignment 2 Semester 2 2024
Unique Number:
Due Date: 12 September 2024

QUESTION 1

a. Bafifi’s forecast from 2024 to 2026
Particulars 2023 2024 2025 2026
(Forecast) (Forecast) (Forecast)

Revenue 260,000 291,200 311,584 333,385

Cost of Sales (125,000) (174,720) (160,980) (166,692)

Gross Profit 135,000 116,480 150,604) 166,692

DISCLAIMER
Other&Operating
TERMS OFExpenses
USE (40,000) (46,000) (48,300) (50,715)
1. Educational Aid: These study notes are designed to serve as educational aids and should not be considered as a
substitute for individual research, critical thinking, or professional guidance. Students are encouraged to
Depreciation (23,000) (23,000) (23,000) (23,000)
conduct their own extensive research and consult with their instructors or academic advisors for specific
assignment requirements.
2. Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the
information provided in these study notes, the seller cannot guarantee the completeness or correctness of all
the content. It is the responsibility of the buyer to verify the accuracy of the information and use their own
judgment when applying it to their assignments.
3. Academic Integrity: It is crucial for students to uphold academic integrity and adhere to their institution's
policies and guidelines regarding plagiarism, citation, and referencing. These study notes should be used as a
tool for learning and inspiration, but any direct reproduction of the content without proper acknowledgment and
citation may constitute academic misconduct.
4. Limited Liability: The seller of these study notes shall not be held liable for any direct or indirect damages,
losses, or consequences arising from the use of the notes. This includes, but is not limited to, poor grades,
academic penalties, or any other negative outcomes resulting from the application or misuse of the information
prov
]

, For additional support +27 81 278 3372




QUESTION 1

a. Bafifi’s forecast from 2024 to 2026
Particulars 2023 2024 2025 2026
(Forecast) (Forecast) (Forecast)

Revenue 260,000 291,200 311,584 333,385

Cost of Sales (125,000) (174,720) (160,980) (166,692)

Gross Profit 135,000 116,480 150,604) 166,692

Other Operating Expenses (40,000) (46,000) (48,300) (50,715)

Depreciation (23,000) (23,000) (23,000) (23,000)

Profit from Operations 72,000 47,480 79,304 92,977

Finance Costs (24,000) (10,000) (10,000) 0

Profit before Tax 48,000 37,480 69,304) 92,977

Taxation (27%) (12,960) (10,120) (18,712) (25,104)

Profit after Tax 35,040 27,360 50,592 67,873




Calculations

Particulars 2023 2024 (Forecast) 2025 (Forecast) 2026 (Forecast)



Revenue 260,000 (260,000 ×1.12) (291,200 ×1.07) (311,584 ×1.07)

Cost of Sales (125,000) (116,480 ÷ 0.4) (174,720 ×0.92) (160,980 × 1.035)

Gross Profit 135,000 (291,200 × 0.4) (311,584 × (333,385 × 0.5)
0.4832)

Other Operating Expenses (40,000) (40,000 × 1.15) (46,000 × 1.05) (48,300 × 1.05)

Depreciation (23,000) (23,000) (23,000) (23,000)

Profit from Operations 72,000 (116,480 - 46,000 - (150,604 - 48,300 (166,692 - 50,715 -
23,000) - 23,000) 23,000)

Finance Costs (24,000) (100,000 × 10%) (10,000) 0

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller dochub. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.84. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73918 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.84  5x  sold
  • (0)
  Add to cart