1. A companys balance sheet shows that the non-current assets are R800 000 for the year. Total assets are R1 000 000. The company's total equity is R600 000 and the non-current liabilities are R300 000. How much is the company's net working capital for the period? Select one:

a.R100 000

b. Working capital cannot be calculated using the information provided.

c. R200 000

d. R500 000

2. What items would be classified as a fixed cost for a company? Select one:

a. Purchase of raw materials

b. Electricity costs of running the factory

c. Salary of CEO

d. Fuel costs of running manufacturing machines

3. A company pays its creditors within 45 days after purchase. It holds inventory for 30 days before selling it and takes 30 days aftersales to collect cash from debtors. How would you interpret the cash cycle of the company? Select one:

a. The company operates with a positive working capital of 15 days.

b. The company operates with a negative working capital of 45 days.

c. The company operates with a positive working capital of 45 days.

d. The company operates with a negative working capital of 15 days