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please help, it's urgent. Also number the answers accordingly. I will like your answer. Thank you Question 1 Not yet answered Given that sales are
please help, it's urgent. Also number the answers accordingly. I will like your answer. Thank you
Question 1 Not yet answered Given that sales are R 3 000 000. Labour is R365 000. Using percentage on sales method labour is of sales Marked out of 1.00 P Flag question O A. 4,6% O B. 40,5% O C. 12,17% O D. 4,05% Question 2 Not yet answered Machinery in the business factory is collectively recorded under equipment. Marked out of 1.00 P Flag question Select one: O True O False Question 3 Not yet answered Given that sales are R12 500 000. Factory overheads take 15% of sales. Using percentage on sales method, factory overheads are: Marked out of 1.00 P Flag question O A. R1 875 000 O B. R2 450 000 O C. R1 035 000 O D. R2 450 000 Question 4 Not yet answered Short term capital is capital that is available for a period between 1 to 5 years. Marked out of 1.00 P Flag question Select one: O True O False Question 5 Not yet answered Marked out of 1.00 Given the following information: prepaid expense R72 000, accrued expenses R48 000, accrued income R110 000, trade creditors R600 000, trade debtors R9 000 000 and income received in advance R350 000. Trade and other receivables is: P Flag question O A. R118 000 O B. R9 182 000 O C. R2 118 000 O D. R2 196 000 Question 6 Not yet answered The statement of financial position reports on the financial structure and investments and distributions to owners. Marked out of 1.00 P Flag question Select one: O True O False Question 7 One of the following is a financial projection document. Not yet answered a Marked out of 1.00 P Flag question O A. Statement of financial position O B. Cash budget O C. Statement of changes in equity O D. Statement of cash flow Question 8 Not yet answered Marked out of 1.00 Given the following information: Sales R10 000 000, calculated gross profit R7 000 000, operating expenses R3 200 000, Interest income R60 000, Interest expense R250 000 and income tax 28% of profit before tax. Net profit after tax is: Flag question O A. R2 599 200 OB. R214 200 O C. R765 000 OD. R (396 200) Question 9 Not yet answered Given that property is R1 000 000, Vehicles R95 000, Equipment, R140 000 and unfavourable bank balance R75 000. The total for non-current assets amounts to: Marked out of 1.00 Flag question O A. R255 000 O B. R1 235 000 O C. R335 000 O D. R330 000 Question 10 Not yet answered Capital markets consists of individuals and institutions who lend or borrow money to borrowers on a long term period. Marked out of 1.00 P Flag question Select one: True O FalseStep by Step Solution
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