How long will it take an investment of R8 000 to mature to R15 000 at a simple interest rate of 11% per annum?
How long will it take an investment of R8 000 to mature to R15 000 at a simple interest rate of 11% per annum?
How long will it take an investment of R8 000 to mature to R15 000 at a simple interest rate of 11% per annum?
The proportion of eligible voters in the election who will vote for the ANC is assumed to be 0.55 in Gauteng. What is the probability that in a random of 500 Gauteng voters less than 0.49 say they will vote for the ANC?
A proforma cost sheet of a company provides the following
particulars
Elements of cost
Material – 40%
Direct labour – 20%
Overheads – 20%
The following further particulars are available
a) It is proposed to maintain a level of activity of 2, 00,000 units
b) Selling price is Rs 12 per unit
c) Raw materials are expected to remain in stores for an average
period of
one month
d) Material will be in process, on average half a months and is
assumed to
be consisting of 100% raw material, wages and overheads
e) Finished goods are required to be in stock for an average period of
one
month
f) Credit allowed to debtors is two months
g) Credit allowed by suppliers is one month
You may follow that sales and production follow a consistent pattern,
You are required to prepare a statement of working capital
requirements a
forecast profit and loss account and balance sheet of company assuming
that
Share capital -Rs 15, 00,000
8% debentures -Rs 2, 00,000
Fixed Assets -Rs 13, 00, 000
Mr Cele is a car salesperson and earns commission on what he sells. He
sold a car for R133 500 and received a commission of R4 230,05.
3.2.1 How will you explain what commission is to learners?
3.2.2 Calculate the rate percent at which Mr Cele receives his
commission.
Consider Bond XYZ
Coupon rate: 9,75% per year
Yield to maturity: 11,4% per year
Maturity date: 15 April 2047
Settlement date: 29 November 2021
The clean price is
The following figuTheres shows the profit of a green grocer for the
past five years: R36 000,R550 000,R200 000,R80 000,and R700 000.The
arithmetic mean of the data is:
Year 3 return on investment is R45000, year 6 return is R90000, year 9
return is R115000. Interest rate is 11.59% and present value of
outflows is R95000. what is the future value of cash inflows?
The following table represents the annual income (after tax) of an
investment: Years After-tax income R 1 200 000 2 500 000 3 300 000 4
400 000 5 700 000 6 300 000 If the average rate of return is 8,421%,
then the original investment (rounded off to the nearest R1 000) was
An investment with an initial outlay of R500 000 generates five
successive annual cash inflows of R75 000,R190 00,R40 000,R150 000 and
R180 000 respectively. The internal rate of return (IRR) is
An investment with an initial outlay of R500 000 generates five
successive annual cash inflows of R75 000,R190 000,R40 000,R150 000
and R180 000respectively. The internal rate of return (IRR) is