Question
I1 Question 4 (20 Marks) 4.1 Honda Fit Ltd purchased a new piece of machinery to expand the production output of its top-of-the-line car model.
I1
Question 4 (20 Marks)
4.1 Honda Fit Ltd purchased a new piece of machinery to expand the production output of its top-of-the-line car model. The marginal income ratio is 64% and the company has R3 200 000 as fixed costs. After the machine was purchased, the company achieved a sales revenue of R5 600 000. Determine the company's margin of safety in percentage terms and comment. (
4.2 REQUIRED
Determine the External Funding Needed by Preparing a Pro Forma Statement of Financial Position as at 31 December 2021 from the information given below. INFORMATION The financial position of Tshidiso Limited as at 31 December 2020 appears below:
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
978-1259024979
