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FIN3702 ASSIGNMENT 2 SEMESTER 2 2024 The information below applies to the next four questions. Extracted statement of nancial position for AB Pharmacies LtdThe FIrm’s initial annual proFIts on total assets are ... 1. R2 500. 2. R3 000. 3. R3 500. 4R50,00
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FIN3702 ASSIGNMENT 2 SEMESTER 2 2024 The information below applies to the next four questions. Extracted statement of nancial position for AB Pharmacies LtdThe FIrm’s initial annual proFIts on total assets are ... 1. R2 500. 2. R3 000. 3. R3 500. 4
FIN3702 ASSIGNMENT 2 SEMESTER 2 2024
The information below applies to the next four questions.
Extracted statement of nancial position for AB Pharmacies LtdThe FIrm’s initial annual proFIts on total assets are ...
1. R2 500.
2. R3 000.
3. R3 500.
4. R4 500.
If the FIrm were to sh...
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FIN3702-24-S2 Welcome Message Assessment 2
QUIZ
Question 1
Answer saved
Marked out of 1.00
The information below applies to the
next four questions.
Extracted statement of financial position
for AB Pharmacies Ltd
Assets Equity & Liabilities
Current R10 Current R5 000
assets 000 liabilities
Fixed R20 Long-term R12
assets 000 debt 000
Equity R13
000
Total R30 Total R30
000 000
The company earns 5% on current assets
and 15% on fixed assets. The firm’s
current liabilities cost 7% to maintain and
the average annual cost of long-term
funds is 20%.
Question 01
The firm’s initial annual profits on total
assets are ...
1. R2 500.
2. R3 000.
3. R3 500.
4. R4 500.
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