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Questions in business
[Free] If making organization a small but regular practice during each work day, how should that affect willpower? A. It will be depleted from overuse in a short amount of time. B. It will grow stronger and be of more and more use. C. It will grow weaker and be of less and less use. D. It will eventually not be much of a factor in our lives.
[Free] Following is the Trading and Profit and Loss account for the year ended 31st March 2025. | Dr. | Rs. | Particulars | Cr. | Rs. | |---|---|---|---|---| | Particulars | | By sales | | 1,91,000 | | To purchases | 1,27,600 | | | | | To wages | 31,900 | | | | | To Gross profit c/d | 31,500 | | | 1,91,000 | | | 1,91,000 | | | | | To salaries | 6,600 | By Gross profit b/d | | 31,500 | | To Rent | 3,190 | By Profit on sale of building | | 25,000 | | To Depreciation | 9,570 | | | | | To Loss on sale of investments | 3,200 | | | | | To goodwill written off | 3,940 | | | | | To Net profit | 30,000 | | | | | | 56,500 | | | 56,500 | Calculate cash from operations.
[Free] If the inventory turnover ratio is 5 times and the average stock at cost is Rs. 75,000, find the cost of goods sold.
[Free] You have been provided with extracts from the pre-adjustment trial balance of Citrus Traders (Pty) Ltd as at 30 June 2025. | Debit | Credit | |---|---| | Loan: ABBA Bank (12.5%) | 12 000 000 | | Interest expense | 1 122 000 | | Rent expense | 208 000 | Additional information: 1. The company entered into a loan agreement with ABBA Bank on 1 June 2024. The loan is repayable over 6 years in equal annual instalments, starting on 1 June 2025. 2. The business has been renting the business premises for the whole financial year at an amount of R16 000 per month. The accountant debits the rent expense account when rent payments are made. 3. The accountant debits interest expense when payments are made. REQUIRED: 4.1 Prepare the general ledger loan account of Citrus Traders (Pty) Ltd for the month ended 30 June 2025. * Close off or balance the ledger accounts as at 30 June 2025. (3 marks) 4.2 Prepare any adjusting journal entries that should be processed on 30 June 2025 to process the additional information provided in points 1, 2, and 3 above. * Dates and narrations are not required. (10 marks) 4.3 In terms of the Conceptual Framework, identify what the loan with ABBA Bank will be classified as in the records of Citrus Trades. (7 marks)
[Free] Which has a direct impact on wealth creation? A. Inflation rate B. Interest rate C. TDS D. Deposit rate
[Free] Question: PF2-3-1-b France has a defined benefit pension plan with her employer based on career average earnings. She has a pension benefit of 1.25% of her career average earnings and has pensionable earnings of $54,600.00. Calculate her pension adjustment for 2025.
[Free] Let [tex]$C(x)=1000+8 x+0.04 x^2$[/tex] be the cost function and [tex]$p(x)=32 x$[/tex] be the price function. Determine the production level that will maximize the profit. a) 1000 b) 300 c) 200 d) 500
[Free] Problem management focuses solely on resolving incidents. TRUE or FALSE? A. TRUE B. FALSE
[Free] All of the following statements describe ways to build credibility with clients, EXCEPT: A. Keep personal conflicts off the salon/spa floor. B. Shorten or omit connecting time with the next client. C. Make sure music and reading material in waiting area are appropriate. D. Minimize distractions and make sure you always have your client's full attention.
[Free] What is a monopoly? A) A situation where the government sets all prices. B) A market where many firms sell identical products. C) A market where firms have no control over output decisions. D) A market structure where a single firm controls the entire supply of a good or service.
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