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1 ) Sales for the year ended 3 0 June 2 0 2 4 are budgeted at R 5 6 0 0 0 0 0
Sales for the year ended June are budgeted at R Ninety percent of the sales is expected to be on credit. The gross margin for the year ended June is expected to increase as goods would be sold at cost plus The percentage of expenses to sales is expected to remain unchanged.
The authorized share capital of Marburg Limited consists of ordinary shares. The unissued shares are expected to be sold on January at R each.
A final dividend of cents per share is expected to be recommended on June and is payable during August
R of the longterm loan will be repaid during the financial year ended June
Accounts receivable would be based on a collection period of days.
The companys closing inventory will change directly with changes in sales for the financial year
ended June
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