Question
Consider the following information for SCE Enterprise( for 10 000bunits of output) and calculate the total cost for 35 000 unit of output, as well
Consider the following information for SCE Enterprise( for 10 000bunits of output) and calculate the total cost for 35 000 unit of output, as well as the cost per unit.
•Variable cost: R85 000
•Fixed cost:R40 000
•Semi-variable cost:(30% fixed): 95 000
(9 Marks)
2.2 SPP Enterprise provide you with the following information:
•Total liabilities: R3000 000
•Total assets: R4 200 000
•8% preference shares: R250 000
•Net profit after tax: R280 000
use the information provided and calculate the:
•Return on total equity ratio
•Return on common equity ratio
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
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