SUNTIDE LIMITED'S PLANS FOR WORKING CAPITAL AND CAPITAL BUDGETING
Suntide Limited is a secondary sector entity that commenced operations during 2021 manufacturing Product Zap. Some
important information pertaining to 2021 is as follows:
The total sales for the year amounted to R6 624 000, of which 50% was on credit. Credit purchases for the year totalled.
R2 376 000. The statement of financial position as at 31 December 2021 reflected balances of R64 800, R360 000 and
R100 800 for inventories, debtors and creditors respectively. The average age of inventories was calculated to be 18
days.
During the first quarter of 2022 Suntide Limited commenced with its planning process for 2023. The following budgeted
information was obtained:
Suntide Limited intends purchasing 25 000 components per month at R10 per unit to produce Product Zap. The cost of
placing an order is R20 and the annual carrying cost per component is R0.75. The lead time for the delivery of an order
is 12 days. It is estimated that the number of workdays for 2023 will be 240. The credit terms of the supplier for the
components are 30 days but a discount of R7 500 will be granted if the monthly account i settled within 12 days.
Suntide Limited intends investing in a project during 2023. The project is expected to cost R2 000 000 with a four-year
useful life, and no residual value. Depreciation is estimated R500 000 per year. The project is expected to generate
net cash flows of R700 000 for 2023. The net cash flows are expected to increase by 10% each year thereafter. The
desired rate of return by the company is 15%.
Answer ALL the questions in this section.
QUESTION 1
Calculate
QUESTION 2
Calculate the following for 2023:
2.1
2.2
2.3
QUESTION 3
cash conversion cycle 2021 (expressed to two decimal places). (Assume a 360-day year.)
3.1
Annual Economic order quantity (EOQ)
Reorder point
The cost (as a percentage, expressed to two decimal places) to Suntide Limited of not accepting
the discount of R7 500. (Assume a 360-day year.)
Calculate the following in respect of the project (2023). Ignore taxes.
Net Present Value (with amounts expressed to the nearest Rand)
3.2
Accounting Rate of Return on average investment (expressed to two decimal places)
(5 Marks)
(4 marks)
(3 marks)
(5 marks)
(4 marks)
(4 marks)

A. It brings together different perspectives.

E. It builds team spirit.

Are the two elements of collaborative planning make it effective.

Planning is the procedure of questioning concerning the activities required to attain a preferred aim. Making plans is based totally on foresight, the essential potential for mental time travel. The evolution of forethought, the ability to suppose in advance, is considered to were a top mover in human evolution.

Planning is the characteristic of management that entails placing goals and figuring out a path of action for accomplishing those goals. Planning requires that managers be aware about environmental conditions dealing with their enterprise and forecast future situations.

Learn more about planning here:https://brainly.com/question/25453419
#SPJ9

According to the Keynesian model, the real output is increased by $1 If a government increases its expenditure by $1 but at the same time increases the lump-sum tax by $1.

According to Keynesian economics, a healthy economy spends or invests more than it saves and that demand drives supply. Keynes believed that governments should increase spending even if it means going into debt in order to generate jobs and increase consumer purchasing power during a recession.

Keynesians contend that because prices are somewhat rigid, changes in any aspect of spending, whether government, investment, or consumer spending, affect output. For instance, the output will rise if government expenditure rises while all other spending factors stay the same.

Learn more about the Keynesian model here:

https://brainly.com/question/28257795

#SPJ1

A woman considers her salary when buying a new car. Economic Prespective

The term "perspective of economics" is used to refer to the application of the maximisation of behaviour and demand and supply to political institutions and behaviour.

Three components make up an economic perspective: marginal analysis, deliberate activity, and scarcity and choice.

In general, there are three main viewpoints on development. The first is a classical one that prioritises economic liberalism and adheres to a standard capitalist strategy. The second is socialist and places a strong emphasis on government action and economic planning to manage resources at home.

To learn more on economic perspective

https://brainly.com/question/27464582

#SPJ1

A decrease in building is shown in the cash flow statement as: A decrease in the cash provided by financing activities section.

This is the term that is used to refer to the statement that is given in financial management given that it would create the aggregate data that has to do with all of the cash inflows as well as the outflows that a particular company would have to receive.

The cash inflow statement is one that has to do with the payments that are made for the investments that a business would have to carry on over a given period pf time.

It is the money that the business would use in the financing of the investment activities. Hence we would say that it is the A decrease in the cash provided by financing activities section

Read more on cash inflow statement here: https://brainly.com/question/735261

#SPJ1

Based on the cost of the hamburger, French fries, and tea, and inflation, tip, and tax, the total cost of the Diner receipt is  $21.05

First, add up the cost of the hamburger, French fries, and tea:

= 8.47 + 4.67 + 2.17

= $15.31

The cost including inflation, tax, and the tip would be:

= 15.31 + (15.31 x 10%) + (15.31 x 20%) + (15.31 x 7.5%)

= $21.05

In conclusion, the total cost is $21.05.

Find out more on total cost at https://brainly.com/question/23468115

#SPJ1

What changing the reserve requirement do is: Allow banks to borrow money to increase their reserve.

Reserve requirement can be defined as the  money  that a financial institution or banks has as reserve so as to meet any unforeseen financial obligation.

Changing the reserve requirement can tend to enables  banks  to borrow or loan more money which inturn can help to increases the supply of money in the economy.

Therefore What changing the reserve requirement do is: Allow banks to borrow money to increase their reserve.

Learn more about reserve here: https://brainly.com/question/25817380

#SPJ1

if the price level is set at 35 margin points  35 percent will be on each unit sold

This is further explained below.

Generally, The amount by which an item is being sold for more than its cost price is referred to as margin points, and each point indicates a percentage of the total.

When it is mentioned that a product is being sold at a margin of 35 points, this indicates that the price at which the product is being sold is 35% more than the price at which it was produced.

In conclusion, If you wish to make a profit of 35 percentage points on the sale of a product and its purchasing price was $40, then your selling price should be:

= 40 * (1 + 35%)

= $54

Read more about  margin points  

https://brainly.com/question/15356272

#SPJ1

Based on the seven expenses of the Porter Family budget, the expense that is fixed is housing.

The amount that we pay on housing is often fixed regardless of if we own the house or are leasing it. In the case of owning the house, we would often have to pay for mortgages and these would have fixed amounts.

In the case of a house being leased, we would have to pay for rent which is also often fixed for certain periods of time. The housing expense in the Porter Family budget is therefore fixed.

Find out more on fixed expenses at https://brainly.com/question/28326316

#SPJ1

Answer:

the answer is A, housing

Explanation:

If from a population of 54r bank accounts, we want to take a random sample of four accounts in order to learn about the population, the number of different random samples of four accounts possible are: 31,625,099,999.

Using this formula

C(54;4)=Population of bank account !/(Population of bank account-Random sample of four account)! ×Random sample of four account !

Let plug in the formula

C(54;4)=54!/(54-4)!×4!

C(54;4)=54!/(50)!×4!

C(54;4)=31,625,099,999 possible random

Therefore If from a population of 54r bank accounts, we want to take a random sample of four accounts in order to learn about the population, the number of different random samples of four accounts possible are: 31,625,099,999.

Learn more about random sample here:https://brainly.com/question/24466382

#SPJ1

False, The statement, a common interpretation for a non-visit in person or entity quarry can have a fully meets rating is false.

The premise of common interpretation would entail (and possibly be limited to) that when courts of one contracting state are faced with interpretational issues, common interpretation should review decisions made by courts of the other contracting state and determine whether their interpretations can be transferred. The 2nd Amendment is a common interpretation to safeguard an individual's right to own a firearm without having to serve in a militia and to use that weapon for historically legal uses, such as home defence. The four types of common interpretation are textual, systematic, purposive, and historical. common interpretation is consistent with the four strategies for interpreting statutes that Friedrich Karl von Savigny listed.

Learn more about common interpretation here:

https://brainly.com/question/28096247

#SPJ9

For him to be reviewed  for ISO 14001 compliance is D. best practices for managing its impact on the environment or environment degradation.

ISO 14001  can be described as the standard that is been acceptable  internationally  and this is used to sets out the requirements  that is needed by the industries for environmental management system.

It should be noted that this organizations improve environmental performance by taking some measures which help to ensure the regulation of the actions of the industry on the environment so that it can be safe for the public at large.

Therefore option D is correct.

Learn more about environment degradation at:

https://brainly.com/question/13840139

#SPJ1

Each of these technologies, as well as how students use them, should be discussed.

Technologies are artifacts created by the methodical application of knowledge and employed to achieve real-world objectives. : 117  They are extensively used in daily life, including in communication, transportation, industry, science, and medical. Both tangible tools like software and immaterial ones like physical objects like machinery or utensils are considered technologies. Numerous technological developments have brought about societal transformations. The earliest known technology was the use of stone tools in the prehistoric era, followed by the use of fire, which helped people develop language and larger brains during the Ice Age. The discovery of the wheel during the Bronze Age paved the way for the development of more advanced machines. There are now fewer hurdles to communication because to recent technical advancements like the printing press, telephone, and internet.

Learn more about technologies here

https://brainly.com/question/28288301

#SPJ9

The goal of measurement in research is fundamental to the sciences, engineering, construction, and other technical fields, and to almost all everyday activities.

The process of mapping and determining the quality, capacity, and dimension of the empirical observations recorded and obtained during the research is known as measurement. A researcher uses measurement to analyse the data quantitatively and come to a reliable and consistent conclusion. The ultimate objective of measuring in research is to guarantee the greatest level of output with the smallest possible likelihood of data mistakes. The act of measuring involves keeping track of the observations made as part of a research project. Something that is regularly measured is said to have an objective measurement. Taking into account, for instance, how successfully a person can do a specific amount of activities in a regulated setting.

Learn more about measurement research here:

https://brainly.com/question/14022365

#SPJ9

A sole proprietor is best described by the fourth option.

A franchise is best described by the third option.

A c-corporation is best described by the fifth option.

A small business is best described by the first option.

An entrepreneur is best described by the second option.

A corporation is a business that is owned by shareholders. The corporation is a separate legal entity and so it can sue and be sued, pay taxes and own assets. A c-corporation is type of corporation where the owners, or shareholders, are taxed separately from the entity.

A sole proprietorship is a type of business that is owned by one person who has unlimited liabilities.

A franchise is a method of distributing goods in which the owner of the business gives the distributor a license to sell their goods or the permission to use their brand name.

An entrepreneur is one of the factors of production. The entrepreneur is the owner of the business and it organises the other factors of production.

To learn more about a sole proprietorship, please check: https://brainly.com/question/1428023

#SPJ1

Inferring that you don't need to study for the exam by watching TV, if I may assume so.

Study can also indicate research, which is a method of gaining new knowledge. Learning strategies and study skills. A room in the home that functions similarly to a home office is the study. Drawings made prior to a larger work of art are called studies. Studying is crucial for the development of personal talents in addition to schooling. Your self-esteem, competence, and confidence can all increase with effective study techniques. Furthermore, it aids in lowering tension and stress related to tests and deadlines. Active listening, reading comprehension, taking notes, managing stress, managing time, taking tests, and remembering are all skills. You learn more about historical events, current activities, and future developments by studying.

Learn more about studying here

https://brainly.com/question/24259426

#SPJ9

The capitalist communist socialist system provides the least incentive to work hard or to produce quality goods or services.

Communism (from Latin communis, "common, universal") is a far-left sociopolitical, philosophical, and economic ideology that is currently popular within the socialist movement. Its main objective is the creation of a communist society, which is a socioeconomic system where all members of the society share in common ownership of the means of production, distribution, and exchange and receive equal access to goods. In addition, there are no social classes, money, or state. Communists frequently call for a free state of self-government but have differing opinions on how to get there. This illustrates a division between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management and a more vanguardist or communist party-driven approach through the creation of a constitutional socialist state and Friedrich Engels' withering away of the state.

Learn more about communist  here

https://brainly.com/question/23716206

#SPJ9

The relevant characteristics of this service product experience were intangible and simultaneous production and consumption.

Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.

In this case, Dhrish call the help desk in the hotel and take suggestions from them via phone call which reflects intangible service as he did not see it just felt it.

Services are said to be simultaneous production and consumption as services are consumed at the time when they are produced like Dhrish receives information through the help desk and made decisions.

Learn more about service, here:

https://brainly.com/question/15862930

#SPJ1

Answer:

it's the c

Explanation:

Answer:

20,988

Explanation:

An American company manufactures furniture in North Carolina that is sold in the United States and other countries can be considered as an example of a company that would add to the GNP of the United States.

GNP, or simply Gross National Product, can be referred to or considered as the total value of the finished goods produced in a country or an economy during the given financial period. The contribution to the GNP happens irrespective of the location of the citizen who contributes.

Therefore, the significance regarding GNP has been aforementioned.

Learn more about GNP here:
https://brainly.com/question/14611935

#SPJ1

As was already mentioned, image appeal in photography can be summed up as the interest that a photograph arouses in viewers other than the photographer. The adjective "appealing" is typically defined in the American Heritage Dictionary (2005) as being lovely or beautiful.

In terms of creativity and idea exploration through photos, photography is a sort of art, but in order to produce truly excellent images, you must set up a strategy for your personal growth that is particularly focused on your abilities, motivation, purpose, and output.

Ensuring that there is a balance and that your photographs are not susceptible to underexposure or overexposure in order to create great images.

To learn more on photography

https://brainly.com/question/7519393

#SPJ1

The Small Business Administration's microloan program offers small businesses very small loans: True.

A loan can be defined as an amount of money that is typically being borrowed by a borrower from a bank or other financial institutions (lender), and it is generally expected to be paid back by a borrower to the lender at a specific period of time with an agreed interest.

The Small Business Administration (SBA) can be defined as an agency of the federal government that offers both managerial and financial assistance (loans) to small businesses.

Additionally, the Small Business Administration (SBA) was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally speaking, it is saddled with the responsibility of providing both managerial and financial assistance (loans) and counseling to small businesses, in order to bolster the American economy.

Read more on Small Business Administration here: https://brainly.com/question/28146757

#SPJ1

We find that poor economic policies have played an especially important role in the slow growth, most importantly Africa's lack of openness to international markets. In addition, geographical factors such as lack of access to the sea and tropical climate have also contributed to Africa's slow growth.

Our effects advise that domestic funding, net ODA inflows, training, government effectiveness, city population, and metal costs genuinely and substantially affect Africa's financial boom.

These endemic problems range from abject poverty, violence, underutilise agriculture, and infrastructure, lack of getting right of entry to credit centers, social fractionalisation, poor health facilities, terrible monetary to catastrophic civil unrest; which is probably associated with illiteracy, lack of proper establishments and exploitation by way of corrupt.

Learn more about economic here: brainly.com/question/1106682

#SPJ9

A general increase in the price of goods and services is called inflation.

The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.

Although low inflation might be detrimental, both levels can hurt the economy. The Fed will adopt the opposite strategy when the economy is suffering and inflation is too low by cutting interest rates or purchasing assets to enhance cash flow.

To know more about inflation visit:

https://brainly.com/question/28190771

#SPJ9

Answer:

inflation

Explanation:

The depreciation expenses using the declining balance at double the straight-line rate for 2025 and 2026 are:

The double declining balance (DDB) is a depreciation method or approach to accounting for the cost of long-term assets in their useful lives.

The double-declining balance method of depreciation uses double the straight-line rate (100/estimated useful life) to compute the depreciation expense.

With this method, depreciation expense is highest in the first year and declines as the years go by.

Cost of new machine = $88,100

Purchase date = October 1, 2025

Estimated salvage value = $5,700

Depreciable amount = $82,400 ($88,100 - $5,700)

Estimated useful life = 80,000 working hours or 10-year life

Straight-line rate = 10% (100/10)

Double-declining rate = 20% (10% x 2)

2025 = $4,404 ($88,100 x 20% x 3/12)

Declined value = $83,695 ($88,100 - $4,404)

2026 = $16,739 ($83,695 x 20%)

Thus, the depreciation expenses for 2025 and 2026 are $4,404 and $16,739, respectively.

Learn more about the double-declining-balance method at https://brainly.com/question/19091134

#SPJ1

Answer:

C. Marketing information Management

This is the answer

Answer:

Explanation:

m

Based on the credit sales expected for the first and second months, and the percentage the company expects to collect, the cash collections from credit sales to be included in the cash budget is $96,225.

The cash collections from credit sales in the 2nd month can be found as:

= Cash sales in second month + 50% of credit sales from first month + 45% of the credit sales from second month

Solving for the cash collection from credit sales in the second month gives:

= 39,000 + (55,500 x50%) + (65,500 x 45%)

= 39,000 + 27,750 + 29,475

= $96,225

Find out more on cash collection from credit sales at https://brainly.com/question/20714255

#SPJ1