Find the funding requirements for barrion ltd

Assignment Help Financial Accounting
Reference no: EM132600014

Question 1: BraK Ltd. had sales of R10m last year and expects sales of R15m this year. All assets and liabilities move spontaneously in proportion to its sales. The company had assets of R50m with unused capacity of 10% that it can first utilise, liabilities of R30m and a net profit margin of 30%. The company maintains a retention ratio of 50%. Using the percentage of sales method, determine the funding requirements for Barrion Ltd. for the coming year.

A. R2.25m

B. R2.75m

C. R3.00m

D. R3.25m

Reference no: EM132600014

Questions Cloud

What is the frequency of a sound source : What is the frequency of a sound source that produces a sound wave of the same wavelength in 20°C air?
Calculate the change in the investment in account receivable : Calculate the change in the investment in accounts receivable. Synaitec Ltd. sells artificial intelligence chips to car manufacturers for self-driving vehicles.
What would total sales have to be : Its income tax rate is 40%. If Rice Company desires an after-tax operating profit of $84,000, what would total sales have to be
Describe the policymaking process : Describe the policymaking process. Is there anwyhere the policies can get "bogged down"? Why has healthcare become such an issue?
Find the funding requirements for barrion ltd : BraK Ltd. had sales of R10m last year. Using the percentage of sales method, determine the funding requirements for Barrion Ltd. for the coming year.
Find the force the left wall must support : The pipe then shrinks down to a 8 cm inner diameter with both pipes flowing full. Find the speed in the smaller part of the pipe.
What is the net income for firm : Papa Roach Exterminators, Inc., has sales of $624,000, costs of $225,000, depreciation expense of $45,000, What is the net income for firm
Determine the funding requirements for barrion ltd : The company maintains a retention ratio of 50%. Using the percentage of sales method, determine the funding requirements for Barrion Ltd. for the coming year.
What is the density of the block : A 7 cm x 7 cm x 7 cm wooden block floats in a fluid with a density of 1.2 g/cm3 and is 64% submerged. What is the density of the block in g/cm3 ?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd