q .1 a)

A company has an 12% return on capital employed on capital resources of 600,000. If the company has a net profit margin of 8%, what are its sales?

Group of answer choices

600,000

72,000

900,000

828,000

.2 b)

A furniture retailer sells goods to a customer for 80,000 on 1 January 2020 Delivery will take place immediately and the company has given the customer an interest-free credit period of 36 months. Discount rate is 6%.

How much revenue is recognized for the year-end 31 Dec 2020.

Group of answer choices

75,472

67,169

71,200

80,000