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MAC3702 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024 R50,00   Add to cart

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

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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...

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MAC3702
Assignment 2 Semester 2 2024
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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
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Depreciation (23,000) (23,000) (23,000) (23,000)
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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

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