Examen
Fac2601 Assignment 3 semester 1 2024
- Grado
- Institución
The document contains Assignment question Together with answers Distinction Guaranteed 100% multiple Attempts done Whtsapp
[Mostrar más]Vista previa 2 fuera de 13 páginas
Vista previa 2 fuera de 13 páginas
Añadir al carrito
Añadir al carrito
1 revisar
Por: tshishongamurendeni06 • 6 meses hace
Vendedor
Seguir
ExpertAcademy
Comentarios recibidos
Vista previa del contenido
5/2/24, 8:26 PM Assessment 3 - 2 May 2024 (18:00 - 21:00): Attempt review Dashboard Calendar
Dashboard / My courses / FAC2601-24-S1 / Welcome Message / Assessment 3 - 2 May 2024 (18:00 - 21:00)
Started on Thursday, 2 May 2024, 6:38 PM
State Finished
Completed on Thursday, 2 May 2024, 8:20 PM
Time taken 1 hour 42 mins
Marks 38.00/40.00
Grade 95.00 out of 100.00
Question 1
Complete
Mark 2.00 out of 2.00
QUESTION 1:
Trail Ltd’s issued share capital has not changed since incorporation on 1 January 2020, and consists of:
400 000 Ordinary shares (issued at R2 each)
150 000 9% Preference shares (issued at R2 each)
180 000 10% Cumulative preference shares (issued at R3 each)
No dividends were declared in the previous two financial years, but at the end of the current financial year on 31 December 2023, a
dividend of 15c per ordinary share was declared.
REQUIRED:
Which one of the following amounts will be the total dividend expense on 31 December 2023?
1. R141 000
2. R249 000
3. R250 500
4. R150 000
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=200128&cmid=70935 1/13
, 5/2/24, 8:26 PM Assessment 3 - 2 May 2024 (18:00 - 21:00): Attempt review
Question 2
Complete
Mark 2.00 out of 2.00
Dashboard Calendar
QUESTION 2:
Dashboard / My courses / FAC2601-24-S1 / Welcome Message / Assessment 3 - 2 May 2024 (18:00 - 21:00)
Soll Ltd provided a loan to Fargo Ltd on 1 November 2020 of which the capital portion is repayable in eleven equal annual instalments
starting on 1 July 2021. Interest on the loan is calculated at 10% per annum and is payable at the end of each financial year.
The year-end of Soll Ltd is 31 December.
The outstanding balance on the loan, as at 31 December 2023, amounts to R540 000.
REQUIRED:
Which one of the following options represents the amount of interest received by Soll Ltd for the year ended 31 December 2023?
1. R27 000
2. R67 375
3. R57 375
4. R30 375
Question 3
Complete
Mark 2.00 out of 2.00
QUESTION 3:
Both the managing director and regional manager of Vilakazi Ltd have the benefit of the use of company cars, which may also be used
for private purposes. The total benefit for the use of such a car is estimated at R150 000 per year, of which 30% is for private use and
70% for business purposes.
REQUIRED:
The total amount that should be disclosed in remuneration as other benefits should be:
1. R45 000
2. R150 000
3. R210 000
4. R90 000
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=200128&cmid=70935 2/13
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
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.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExpertAcademy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for 4,55 €. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now