Cooper (Pty) Ltd ("the company"), a resident of the Republic, is a company gaged in the manufacture of cake mixes. The company's financial year ends on the st day of February. Betty Cooper (Pty) Ltd is not considered to be a small business rporation. During the 2020 year of assessment, the company embarked on an ; pansion project, in order to meet an increase in the demand for their shoes. The lowing transactions were entered into as part of their expansion initiative (ignore VAT r the purposes of this question): - Betty Cooper (Pty) Ltd conducts its manufacturing business from a building it purchased for R900 000 (of which R200 000 related to the land) on 1 June 2010. Due to the expansion project underway, a need arose to acquire additional premises. The company entered into a 20 -year lease agreement on 1 January 2020 with the owner of the adjacent building, who is also a registered taxpayer. Betty Cooper (Pty) Ltd took occupation immediately and began production in the leased building. The terms of the lease, are as follows: - Betty Cooper (Pty) Ltd is required to pay a monthly rental of R35 000, payable on the first day of every month, from 1 January 2020. - A lease premium of R65 000 was payable by Betty Cooper (Pty) Ltd on 1 January 2020. - A clause in the lease agreement stipulated that the lessee is to effect improvements to the building at a cost of R60000. The improvements were completed and brought into use on 1 February 2020, at a cost of R100 000. The improvements to the building are considered to be used in the process of manufacture. - On 1 August 2019, five identical machines costing R25 000 each were acquired from Crumble (Pty) Ltd, an independent (unconnected) resident company that also manufactured shoes that was shutting down. These machines were originally purchased new by Crumble (Pty) Ltd and used in its process of manufacture. Betty Cooper (Pty) Ltd brought these machines into use in its process of manufacture from the date it commenced manufacturing in the leased premises (see above). The market value of each machine on the date of purchase was R30 000 . - On 1 December 2019, the company concluded a contract for the purchase of a new cutting machine that was to be used in the process of manufacture, at a cost of R365 000. The supplier of the machine agreed to a delivery date of 15 January 2020 but due to the supplier's employees going on strike, the machine was only delivered on 15 February 2020 . Due to the delay, the supplier agreed to a lower selling price of R315000. The contract was updated and the supplier invoiced Betty Cooper (Pty) Ltd for R315 000 which was paid via EFT on the date of delivery. Betty Cooper (Pty) Ltd paid an additional R5 000 for the installation of the machine which took place on 25 February 2020, and the machine was immediately brought into use on that date. - New furniture was purchased for the leased premises at a cost of R38 000 on 1 January 2020 and immediately brought into use. - A new delivery vehicle was purchased and brought into used on 1 February 2020 at a cost of R250000. - The company owns other two delivery vehicles which were purchased on 1 March 2012 at a cost of R120 000 each, which have been fully written-off for tax purposes. On 15 February 2020 , one of these vehicles was sold for R50 000. Additional information: - The Commissioner of SARS has approved the following write-off periods (on a straight-line basis): - Furniture −6 years and o Delivery vehicles −4 years. Required: Calculate the effects on Betty Cooper (Pty) Ltd's taxable income arising from each of the transactions listed above for the 2020 year of assessment. Round off to the nearest Rand. Show ALL workings.

Explanation:

325 I think buy I am not sure.

Hmm......... Nice nice. :)

The main differences between managerial and financial accounting lie in their purpose, audience, and reporting standards.

Managerial accounting focuses on providing information to internal management to assist with decision-making, while financial accounting presents financial information to external stakeholders, such as investors and creditors.

Managerial accounting deals with issues such as cost allocation, budgeting, and performance evaluation. For example, a managerial accountant might analyze the cost structure of a product line to determine its profitability or prepare a budget for the upcoming year.

This type of accounting often involves non-financial measures, like production efficiency or employee performance.

Financial accounting, on the other hand, follows Generally Accepted Accounting Principles (GAAP) and is concerned with the preparation and presentation of financial statements, including the income statement, balance sheet, and cash flow statement.

These statements provide a snapshot of a company's financial health and performance, allowing investors and creditors to assess its financial stability. For example, a financial accountant might examine a company's revenue recognition practices to ensure compliance with GAAP.

In summary, managerial accounting is geared toward internal decision-making, while financial accounting is focused on providing accurate financial information to external stakeholders.

Both areas of accounting examine different types of problems and issues, with managerial accounting concentrating on internal management and financial accounting emphasizing compliance with reporting standards and accurate financial statement presentation.

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Answer:

Financial literacy is the capacity to grasp and use different financial skills effectively.

Answer and Explanation:

Talk them into it..

Answer:

either make an ad, or make the wine actually delicous and do not click-bait. click-baiting will have your chances on people buying your wine to a lower chance.

The correct answer to the question above is $5,600.

Step-by-step explanation:

Given data:

Depreciation Expense = (Cost - Salvage value) / Estimated useful life

Deprecation Expense = ($25,000 - $2,600) / 4

Deprecation Expense = $22,400/4 = $5,600

The company should recognize depreciation expense in year 2 in the amount of $5,600.

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Answer:

https://prehealth.wisc.edu/wp-content/uploads/2016/06/Sample-Shadowing-Request-E-mail.pdf

Explanation:

i made this link for you, its an essay

Answer:

No

Explanation:

Cash flow refers to the money that flows in and out of your business. It's income and expenses.

Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.

One possible scenario of a scam to get someone's personal information is a phishing email scam.

In this scenario, a person receives an email that appears to be from a legitimate company, such as a bank or an online retailer. The email may claim that there is a problem with the person's account or an unauthorized transaction has been made.

The email will then provide a link or attachment for the person to click on to resolve the issue. However, the link or attachment will direct the person to a fake website or download malicious software that can steal the person's personal information, such as their login credentials or credit card details.

To avoid falling victim to this scam, there are several things that can be done. First, always be cautious of unsolicited emails or messages. Second, do not click on any links or attachments in emails or messages, especially from unknown sources.

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Answer:

Yes,they are correct.

Explanation:

The sociocultural approach investigates how social and cultural contexts affect behavior. Other people and the society they have established have a significant impact on how people act, think, and feel.

The broad study of human behavior that takes into account a person's upbringing and taught associations is known as behavioral theory. According to behaviorism, every behavior is learned through conditioning and can therefore be observed without taking into account ideas or feelings.

The humanistic perspective places a strong emphasis on the value of the individual, the significance of human values, and the creative and active character of people. The strategy is positive and emphasizes

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Answer:

The true statement is " The spread is from 1 to 6."

Explanation:

Consider the provide information.

First we will draw the dot plot as shown in the figure.

Now consider the options.

The data is not symmetric as for the symmetry the dots over 1 should be equal to the dots over 6. i.e 4.

Now find the center of the data by calculation the median of the data.

There are 16 dots in total which is an even number.

So, now we will find the average of the two middle values.

This will be the 8th and 9th value average for the given data set of 16 values.

Count from left to right the 8th and 9th values are both 4.

\(\text{Median}=\frac{4+4}{2}\)

\(\text{Median}=4\)

Hence, the center of the data is 4.

The second statement is false.

The peak of the data is at 6.

The third statement is false.

The spread is from 1 to 6 as we can see in the figure shown below.

Therefore, the true statement is " The spread is from 1 to 6."

If  her stock was valued at $43.50 per share. Her ROI is:50.89%

First step

Purchase price=(28×$30)-(28×$43.50)

Purchase price= $840-$1218

Purchase price=$378

Gain in value=$378+ $49.50

Gain in value=$427.5

Second step

ROI=$427.5/$840×100

ROI=50.89%

Therefore the ROI is $15.89%.

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A warranty deed  promises the grantee that the grantor has good ownership and the full power to convey it.

A warranty deed is a legal instrument that is used to sell real land and transfer ownership from the grantor (seller) to the grantee (buyer). Typically, the document exposes all known encumbrances, such as easements, unpaid liens, or judgments, and contains a description of the property.

In a warranty deed, as opposed to a quitclaim deed, where the seller does not guarantee that they hold title to a piece of real estate, the grantor makes the assurance that they have clear title to the property and the authority to sell it to the grantee.

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DescriptionTertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education.

The term that fits in the blank is 'Accounts Receivable.'

The accounts receivable of a company is a record of the outstanding payments due from its clients for services or goods delivered but not yet billed or paid for. They are usually the amounts owed to a business by its customers and arise from sales or services provided on credit. The credit accounts that a company offers and the way it handles them are crucial because they are essentially providing interest-free loans to their clients. Companies need to ensure that they have a well-defined credit policy and the proper controls and procedures in place to handle their accounts receivable appropriately. Methods of Invoicing: Invoice generation: They should have a well-defined process for invoicing to make sure that all sales made are appropriately documented and recorded in the company's books. Invoice management: A company should have a method of monitoring its invoice process to ensure that it is effectively and efficiently processing its invoices and addressing issues that may occur, such as late payments. Accounts receivable automation: Automating the process of generating and sending invoices can save a lot of time and help improve the accuracy of records. Methods of Collecting Past-due accounts: Collection letters: A company can send a collection letter to its clients, asking for payment or requesting that the clients contact the company to make payment arrangements. Third-party collections: If the company is unable to collect the amount owed from the client, it may hire a third-party collections agency to collect the payment on its behalf. Legal action: If all other collection attempts have failed, the company can take legal action against the client to recover the unpaid amount. In summary, a company’s accounts receivable are an indication of how it manages its credit accounts, including methods of invoicing and collecting past-due accounts.

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Predatory lenders get their negative reputation by Charging high fees for loans and targeting desperate people. The correct option is d.

Predatory lenders are those practices, broadly defined, that are the fraudulent, deceptive, and unfair tactics some people use to dupe us into mortgage loans that we can't afford. Burdened with high mortgage debts, the victims of predatory lending can't spare the money to keep their houses in good repair. They strain just to keep up with their mortgage payments. Often, the strain is too much. They succumb to foreclosure. Their houses have been stolen from them.

The Office has prosecuted and will continue to prosecute the worst predatory lenders.

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Answer:

To register in a journal entry the movement for which a part of machinery costing $ 15000 at profit of $ 5000 is sold, the following accounting record must be made:

-Goods exit = - $15,000

-Cash entry = $15,000

-Profit entry = +$5,000

According to the question the overhead costs are $3,500,000

Overhead costs, also known as indirect costs, are the expenses incurred by a company that cannot be directly attributed to a specific product, service, or department. These costs are necessary for the overall operation of the business and support the production or delivery of goods and services.
Examples of overhead costs include rent, utilities, insurance, salaries of administrative staff, depreciation of assets, office supplies, maintenance and repairs, and other general expenses not directly related to the production process.

To calculate the overhead costs, we need to subtract the direct materials costs from the conversion costs.

Conversion Costs = Prime Costs - Direct Materials Costs

Given:

Prime Costs = $4,500,000

Conversion Costs = $5,500,000

Direct Materials Costs = $2,000,000

Conversion Costs = $4,500,000 - $2,000,000

Conversion Costs = $3,500,000

Therefore, the overhead costs are $3,500,000.

Among the multiple choice options provided, the correct answer is $3,500,000.

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GoldStar Bank is using a network infrastructure that allows for the secure and efficient transfer of data and transactions between their Data Center, employee computers, and the companies that accept their credit card.

The employee computers are connected to the Data Center via an INTRANET, which is a private network that is only accessible to authorized users within the organization. The companies that accept the GoldStar Bank Credit Card are connected to the Data Center via a Wide Area Network (WAN), which allows for the secure transfer of data over large distances.

By using this network infrastructure, GoldStar Bank is able to securely and efficiently process transactions for their customers who hold their credit card.

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The company's days' of sales uncollected equals 33.82 days, which corresponds to the third option in the multiple-choice list.

To calculate the days' sales uncollected for a company with net sales of $31,300 and ending accounts receivable of $2,900, you can use the following formula:

Days' Sales Uncollected = (Ending Accounts Receivable / Net Sales) x 365

Step 1: Plug in the given values
Days' Sales Uncollected = (2,900 / 31,300) x 365

Step 2: Perform the division
Days' Sales Uncollected = (0.09265) x 365

Step 3: Multiply by 365
Days' Sales Uncollected = 33.82 days

Therefore, the company's days' of sales uncollected equals 33.82 days, which corresponds to the third option in the multiple-choice list.

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It is true that a growing trend is for lead firms to work collaboratively with their suppliers to build capabilities and create shared value.

Growth trend is a pattern or activities done to keep an organization in place. The trend shows how well a business is doing and how bad it is doing in terms of placement  in market and ability to compete.

Companies need to work with actors in the value chain to attain success, Supplier are important actors that manufacturers have to work with to create value.

Therefore,

It is true that a growing trend is for lead firms to work collaboratively with their suppliers to build capabilities and create shared value.

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The main difference between a general social media marketing strategy and a social media campaign strategy lies in their scope, duration, and purpose.

A social media marketing strategy refers to the overarching plan and approach that guides an organization's social media efforts. It is a long-term, comprehensive plan that outlines goals, target audience, messaging, content strategy, platform selection, and key performance indicators (KPIs). Social media strategies are typically ongoing and do not have a specific end date. They provide a framework for consistent branding, engagement, and communication across social media channels. These strategies help build a strong online presence and establish relationships with the target audience over time.

A social media campaign strategy, on the other hand, is a focused and time-bound initiative within the broader social media marketing strategy. Social media campaigns are specific, tactical efforts designed to achieve a particular goal or objective within a set timeframe. They have a defined start and end date. Campaigns may be created to promote a new product launch, generate leads, drive website traffic, increase brand awareness, or support a specific event or promotion.

Some key characteristics of social media campaigns include:

In summary, while a social media marketing strategy provides a long-term roadmap for social media efforts, a social media campaign strategy focuses on targeted initiatives with specific goals, a defined timeline, and dedicated resources. They are complementary components within the broader social media marketing framework.

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A master budget is highly valuable in assessing a manager's performance in cost control, this statement is True.

A master budget serves as a comprehensive financial plan that incorporates various sub-budgets, including sales, production, operating expenses, and capital expenditures. It provides a framework for setting financial goals, allocating resources, and monitoring performance. When it comes to evaluating a manager's performance in controlling costs, the master budget plays a crucial role.

By comparing the actual results against the budgeted figures, managers can assess their effectiveness in cost control. The master budget provides a benchmark for expected costs and allows for a detailed analysis of variances between actual and budgeted costs. These variances highlight areas where a manager may have excelled in cost control or areas that require improvement. By identifying and investigating these variances, managers can take appropriate corrective actions to align their actual costs with the budgeted amounts. The master budget acts as a tool for performance evaluation, enabling managers to assess their efficiency in managing costs and making informed decisions to optimize resources.

Therefore, a master budget is indeed highly valuable in evaluating a manager's performance in controlling costs as it provides a structured framework for budgeted cost targets and facilitates the comparison and analysis of actual performance against those targets.

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(i) To achieve economies of scale: Mergers and acquisitions can be motivated by the desire to achieve economies of scale, which leads to cost savings through increased production and distribution efficiency.

By combining operations and resources, companies can reduce duplicate functions, take advantage of bulk purchasing discounts, and streamline processes, resulting in lower costs per unit. This can improve profitability and competitiveness in the market by offering products or services at more competitive prices. Economies of scale can also enhance the company's bargaining power with suppliers and customers, leading to better terms and conditions.

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The statement is false because foreign companies listed on a U.S. stock exchange are required to follow U.S. GAAP when preparing their annual report filed with the U.S. SEC.

This is because the SEC (Securities and Exchange Commission) requires all companies listed on a U.S. exchange to comply with U.S. accounting standards to ensure transparency and consistency for investors.

However, foreign companies may also provide reconciliations to their home country's accounting standards in their annual report to provide additional information to investors. Failure to comply with U.S. GAAP (Generally Accepted Accounting Principles) standards can result in penalties and potential delisting from the U.S. exchange.

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Thus, the anticipated break-even sales are 43,800 units, and the sales (units) required to realize a target profit of $125,000 is approximately 13,449 units.

a. Computation of anticipated break-even sales:

Break-even point (in dollars) = Fixed Costs ÷ Contribution Margin Ratio

Contribution margin per unit = Sales price per unit - Variable cost per unit

Contribution margin ratio = Contribution margin per unit ÷ Sales price per unit

Break-even point (in units) = Fixed costs ÷ Contribution margin per unit

Break-even point (in dollars) = $547,500 ÷ (75 - 50)

Break-even point (in units) = $1,095,000 ÷ 25

Break-even point (in units) = 43,800 units

b. Computation of sales (units) required to realize a target profit of $125,000:

Contribution margin ratio = Contribution margin per unit ÷ Sales price per unit

Contribution margin per unit = Sales price per unit - Variable cost per unit

Contribution margin ratio = Contribution margin per unit ÷ Sales price per unit

Contribution margin ratio = ($75 - $50) ÷ $75

Contribution margin ratio = 0.3333 or 33.33%

Target profit = (Sales - Variable costs - Fixed costs) = Profit

Target profit = ($125,000 + $547,500)

Sales - 33.33%

Sales = $672,50066.67%

Sales = $672,500Sales = $1,008,651.35

Sales (units) = $1,008,651.35 ÷ $75Sales (units) = 13,448.685 units (or approximately 13,449 units).

Thus, the anticipated break-even sales are 43,800 units, and the sales (units) required to realize a target profit of $125,000 is approximately 13,449 units.

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Free cash flow" refers to the amount of cash a company generates from its operations that is available for distribution to shareholders, debt repayment, or reinvestment in the business.

It is a crucial financial metric used to assess a company's performance and financial health. When explaining to shareholders, Tom can emphasize that free cash flow represents the company's ability to generate cash beyond its necessary expenses and capital investments. It serves as an indicator of financial strength and flexibility. Shareholders can use free cash flow to evaluate the company's ability to pay dividends, reduce debt, invest in growth opportunities, or withstand economic downturns. By analyzing trends in free cash flow over time.

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At most, what you should pay for the annuity is $8,903.18.

In order to determine the required value, the present value of the annuity should be determined. The present value is the sum of discounted cash flows.

Discounted cash flow from year  1 to 3 = (3300 / 1.055) + (3300 / 1.055²) + (3300 / 1.055³) = $8,903.18

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Many businesses optimize their website to incorporate a mobile-first strategy with simplified navigation to accommodate smartphones and tablets.

The "mobile first" principle, in other words, plays a significant role in product design. On the one hand, it increases designers' efficiency and helps to shorten the product design process. On the other hand, it makes product content a more important consideration for designers, which helps them produce clean and useful designs.

A "mobile-first" strategy entails designing a desktop site first for mobile, and then adapting it for larger screens. Instead of starting with a desktop site and then adapting it for smaller screens, as is the norm.

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