Carrying costs - Study guides, Class notes & Summaries

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

FAC3702 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS. SOLUTION 1: NON – CURRENT ASSETS HELD FOR SALE & DISCONTINUED OPERATIONS; PROPERTY, PLANT & EQUIPMENT & IMPAIRMENT OF ASSETS (a) According to IFRS 5.18 the carrying amount of a non-current asset (or all the assets and liabilities in a disposal group) shall, immediately before the initial classification as held for sale, be measured in accordance with the applicable IFRSs. An entity shall measure a non-current asset (or disposal grou...

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...

MAC3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024. MAC3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. 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...

This document contains workings, explanations and solutions to the FIN3702 Assignment 1 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4........ Question 1 Not yet answered Marked out of 1.00 Thyme Bank Ltd has offered Pizza Parlour Ltd the following in response to a R250 000 one-year loan application which was made to the bank. The stated rate was 9% and a 13% compensating balance. What will the effective annual rate be... O 1. 790% O2 375%, © ...

Asset Turnover Ratio - ANSWER-net sales/average total assets Profit Margin Ratio - ANSWER-net income/total sales Rate of return on assets - ANSWER-net income/average total assets Current ratio - ANSWER-current assets/current liabilities acid-test ratio - ANSWER-(cash + short-term investments + net receivables) / current liabilities rate of return on common stock equity - ANSWER-(net income - preferred dividends) / average common stockholders' equity payout ratio - ANSWER-cash ...

Asset Turnover Ratio - ANSWER-net sales/average total assets Profit Margin Ratio - ANSWER-net income/total sales Rate of return on assets - ANSWER-net income/average total assets Current ratio - ANSWER-current assets/current liabilities acid-test ratio - ANSWER-(cash + short-term investments + net receivables) / current liabilities rate of return on common stock equity - ANSWER-(net income - preferred dividends) / average common stockholders' equity payout ratio - ANSWER-cash ...

FAC3703 Specific Financial Reporting 2024 TL 201 1 E 3 SUGGESTED SOLUTION TO COMPULSORY ASSIGNMENT 01 FOR (STUDENTS REGISTERED FOR THE FIRST SEMESTER) RIDER LTD NOTES FOR THE YEAR ENDED 30 JUNE 2018 2. Profit before tax Profit before tax is stated after taking the following items into account: Expenses Finance costs (156 638 [C1] + 60 670 [C4]) Depreciation – Right-of-use asset (Note 5.1) 5. Leases 5.1 Right-of-use assets Carrying amount at the beginning of the year [C3] Deprec...

PVL3703 Assignment 3 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references .................... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on the train. The operator of the train requests the per...

Question 1 Complete Marked out of 1.00 Flag question Question text The financial manager is evaluating a proposal for a new project with a cost of capital of 13.5%. The cash flows for the project are estimated as follows: Year Net cash flows 0 -R 1 000 000 1 R 650 000 2 R 450 000 3 R 350 000 The IRR is ... a. 12.03% b. 17.04% c. 20.05% d. 24.03% Question 2 Complete Marked out of 1.00 Flag question Question...