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The credit term from the supplier is 2/30, net 60.Requirements: Write the calculation
Determine the effective annual rate if the firm does not take the discount.
Determine the factors that distinguish profit calculated according to (a) marginal costing and (b) absorption costing principles.
Long-Term Liabilities: These are usually for more than one year. They cover almost all the outsider's liabilities not comprised in the current liabilities and provisions. Such
A 20-year bond pays a coupon of 8 percent per year (coupon paid semi-annually). The bond has a par value of $1000. What will the bond sell for if the nominal YTM is: a) 10 per
COST CONCEPTS / CLASSIFICATION OF COSTS 1. According to functions Administration cost / office cost Selling cost Production cost / factory cost / manufacturing c
ASSUMPTIONS OF BREAK EVEN ANALYSIS 1. Fixed costs for all time remain constant. 2. All costs are divided into fixed and variable costs. 3. Selling price will not alter de
Mrs. M. Botham is a sole trader, selling a variety of fashionable clothing materials. Her business year end is 31 December 2011. You have been given the following trial balance
sir i
Me ole cock spaniel plc. makes 3 products, details as follows: Apples (£) Pears (£) Cockneys (£) Selling price 60 80
#purchase price R45 order costs R175 lead time 6 days cost of capital (after taxation) 20% direct inventory holding costs R25 annual demand 8500 units business operational 330day p
Explain the value attached to this common exercise undertaken by Accountants.
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