100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FAC1502 ASSIGNMENT 3 FOR 2ND SEMESTER 2024 WITH DETAILED CALCULATIONS R50,00   Add to cart

Other

FAC1502 ASSIGNMENT 3 FOR 2ND SEMESTER 2024 WITH DETAILED CALCULATIONS

 42 views  0 purchase

The document contains expected questions and answers for FAC1502 Assignment 3 for 2nd semester with detailed calculations. Direct assistance available at a different fee 0/6/3/1/7/3/8/1/8/1

Preview 3 out of 15  pages

  • October 4, 2024
  • 15
  • 2024/2025
  • Other
  • Unknown
All documents for this subject (117)
avatar-seller
FENDTUTORIALS
FAC1502
ASSIGNMENT 3 FOR 2ND SEMESTER 2024




FEND TUTORIALS

, Please note that the questions may
differ per student and therefore this
document can be used as a guideline. If
you need direct assistance it will be
charged at a different fee. Contact us
+2763 173 8181




Whatsapp Marlvin @ +2763 173 8181

, Question 2
Not yet answered
Marked out of 1.00

Flag question

Question text
The accountant for Gizmo Traders provides you with the following information for the financial
years ended 31 May 20.2; 31 May 20.3 and 31 May 20.4:


20.4 20.3 20.2
Revenue 850 000 550 000 450 000
Cost of sales (400 000) (300 000) (300 000)
Gross profit 450 000 250 000 150 000


The gross profit percentage on cost of sales for the year ended 31 May 20.2 is …


Instructions:
1. Use a full stop to indicate any decimals (eg: 70.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. Don't show the % sign only the numbers (eg: 70.01% is 70.01)


53
Answer:


CALCULATION
450000/850000=0.529
0.529x100=53

Question 3
Not yet answered
Marked out of 2.00




Whatsapp Marlvin @ +2763 173 8181

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 EFT, 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 this summary from?

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

Will I be stuck with a subscription?

No, you only buy this summary for R50,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67447 documents were sold in the last 30 days

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

Start selling
R50,00
  • (0)
  Buy now