When an Adda R 000 000. The debtors or on an average of 30 days sa The Limon amounting to R30 000 per ye de Congre the price of the conditioners R12 000 ad upon. The cost of captato Meridian Traders QUESTIONS 18 MARKS) REQUIRED Use the percentage of the method to determine the change in the working capilul requirements of Tower Endurre 2020 (5) INFORMATION The following information was atrached from the francia statements of Tower Enterprises for 2018 Sales 2 200 000 Inventory Debtor Cash and casheguranta 308 000 204 000 132000 Current liabilities Creditors Accruals 1284000 220 000 44000 Additional information: Sales for 2020 are gehad to be R2 640 000 (10) QUESTION TWO REQUIRED Use the information provided below to colate bene cost of factoring to Adecco Limhed INFORMATION canh how problem and is considering factoring the company's debtor management of Adecco Limited is experien Actor hos ofered the following de charge of to e ofending 103 be held by the cor Bord de to the facto REQUIRED BON REQUIRED la percentage of the method to determine the change in the working as autorit of Town MARKS 2020 INFORMATION The blowing information was extracted from the francaments of Tower Ester 2018 R 2 200 000 Inventory Debtor Cash and cash equivalents 308 000 254 000 132 000 Current abilities Creditors Accruals 254 000) 220 000 44000 Additional information: Sales for 2020 are expected to be R2 540 000 QUESTION TWO (10) 21 REQUIRED Use the information provided below to calculate the netcost of factoring to Adecco Limited INFORMATION The current annual sales of Adecco Limited are R2 000 000. The debtors represent an average of 60 days sales. The management of Adecco Limited is experiencing a cash flow problem and is considering tactoring the company's debtors A factor has offered the following deal Service charge of 2% of total sales Finance charge of 8% of outstanding debtors Retention of 10% to be held by the factor Bad debts are vested in the factor The service agreement is expected to save Adecco Limited is mounting to R30 000 per year. 22 REQUIRED Cac the profit that Meridian Traders would make it the account is settled in 15 days' time. (4) INFORMATION ordian Traders intends soling an ar-conditioning unit on credit. The selling price of the air conditioner is R1200 and the cost price is R9 000 Credit forms of 2/15 net 6 were agreed upon. The cost of capital to Meridian Traders Calculate the value of closing inventory as at 31 December 2016 and gross profit for the year toe 31 December 2013 using the weighted average cost method QUESTION THREE REQUIRED: Use the format of the Statement of Comprehensive Income to present your anter INFORMATION: Hemosol Limited, a supplier of medical supplies, inventory records are presented in the table below Closing inventory of 80 units at R140 each on 31 December 2018 80 units at R160 were purchased on 30 April 2019 60 units at R180 were purchased on 30 June 2019 100 unils at R200 were purchased on 30 August 2019 During the year (Jan-Dec 2019) 280 unts were sold at R320 ench END OF PAPER When an Adda R 000 000. The debtors or on an average of 30 days sa The Limon amounting to R30 000 per ye de Congre the price of the conditioners R12 000 ad upon. The cost of captato Meridian Traders QUESTIONS 18 MARKS) REQUIRED Use the percentage of the method to determine the change in the working capilul requirements of Tower Endurre 2020 (5) INFORMATION The following information was atrached from the francia statements of Tower Enterprises for 2018 Sales 2 200 000 Inventory Debtor Cash and casheguranta 308 000 204 000 132000 Current liabilities Creditors Accruals 1284000 220 000 44000 Additional information: Sales for 2020 are gehad to be R2 640 000 (10) QUESTION TWO REQUIRED Use the information provided below to colate bene cost of factoring to Adecco Limhed INFORMATION canh how problem and is considering factoring the company's debtor management of Adecco Limited is experien Actor hos ofered the following de charge of to e ofending 103 be held by the cor Bord de to the facto REQUIRED BON REQUIRED la percentage of the method to determine the change in the working as autorit of Town MARKS 2020 INFORMATION The blowing information was extracted from the francaments of Tower Ester 2018 R 2 200 000 Inventory Debtor Cash and cash equivalents 308 000 254 000 132 000 Current abilities Creditors Accruals 254 000) 220 000 44000 Additional information: Sales for 2020 are expected to be R2 540 000 QUESTION TWO (10) 21 REQUIRED Use the information provided below to calculate the netcost of factoring to Adecco Limited INFORMATION The current annual sales of Adecco Limited are R2 000 000. The debtors represent an average of 60 days sales. The management of Adecco Limited is experiencing a cash flow problem and is considering tactoring the company's debtors A factor has offered the following deal Service charge of 2% of total sales Finance charge of 8% of outstanding debtors Retention of 10% to be held by the factor Bad debts are vested in the factor The service agreement is expected to save Adecco Limited is mounting to R30 000 per year. 22 REQUIRED Cac the profit that Meridian Traders would make it the account is settled in 15 days' time. (4) INFORMATION ordian Traders intends soling an ar-conditioning unit on credit. The selling price of the air conditioner is R1200 and the cost price is R9 000 Credit forms of 2/15 net 6 were agreed upon. The cost of capital to Meridian Traders Calculate the value of closing inventory as at 31 December 2016 and gross profit for the year toe 31 December 2013 using the weighted average cost method QUESTION THREE REQUIRED: Use the format of the Statement of Comprehensive Income to present your anter INFORMATION: Hemosol Limited, a supplier of medical supplies, inventory records are presented in the table below Closing inventory of 80 units at R140 each on 31 December 2018 80 units at R160 were purchased on 30 April 2019 60 units at R180 were purchased on 30 June 2019 100 unils at R200 were purchased on 30 August 2019 During the year (Jan-Dec 2019) 280 unts were sold at R320 ench END OF PAPER