Mamaro Ltd. has a receivables turnover rate of 11.5, a payables turnover of 9.8 and an inventory turnover rate of 13.6. What is the approximate length of the firms operating cycle? (Assume a 365 day-year)

Racoon Ltd borrowed R250 000 for one year under a revolving credit agreement that authorised and guaranteed the firm access to R350 000. The revolving credit agreement had a stated interest rate of 7.5% and charged the firm a 4% commitment fee on the unused portion of the agreement. Based on this information, the effective annual rate on the loan was (assume 360 days in a year). 1. 7.5%. 2. 7.9%. 3 9.1%. 4. 9.5%. 7.

Bathabile borrows R2 000 000 from the bank for one year at a stated annual interest rate of 14% with interest paid in advance. The bank requires her to maintain a compensating balance equal to 15% on this loan. What is the effective annual interest rate that she will be charged on this loan? 1. 8.57% 2. 16.28% 3. 19.72% 4. 21.21%

A company had net non-current assets of R13 000 at the end of 2021 and R11 000 at the end of 2020. In addition, the company had a depreciation expense of R500 during 2021 and R350 during 2020. Based on this information, the companys net non-current asset investment for 2021 was 1. R 0. 2. R2 000. 3. R2 350. 4. R2 500.