Online PPE Business Costing and Investment Proposal Question 1: (50 marks) The coronavirus pandemic has brought online shopping to the fore. The combination of consumers convenience and the continued need for groceries, clothing, and essential goods, has made online shopping services indispensable. You have decided to adopt a proactive approach regarding online purchases and have started a new business selling personal protective equipment (PPE) online […]
Construction Accounting, Disruptions & Life-Cycle Costing Project 1 – On 1 April 2024, Sizasiza Construction (Pty) Ltd commenced a contract scheduled for completion by 30 June 2025 at an agreed contract price of R5,347,892.37 (five million three hundred forty- seven thousand eight hundred ninety-two rand and thirty-seven cents, VAT-exclusive). Sizasiza’s financial year ends on 31 December 2024. By that date, expenditure incurred to date (before […]
Reef Ltd & Ray Ltd Consolidation | IFRS Group Accounts 2024 QUESTION 1 (53 marks) Reef Ltd, ‘’Reef’’ and Ray Ltd, ‘’Ray’’ are two entities which provide scuba diving and snorkelling services. Below are the trial balances of Reef and Ray for the financial year ended 31 December 2024: Final Trial balance Reef Ltd (R) Ray Ltd (R) DR CR DR CR Stated share […]
Flowers Group Consolidation Case – 30 June 2025 QUESTION 1 (100 marks) Flowers (Pty) Ltd (“Flowers”) is a company that operates in the retail industry. The company was founded in 2010, and it owns various investments in other entities through which it expands its operations. All companies in the group have a 30 June financial year-end. The Flowers Group currently consists of the following entities: […]
Accounting & Managerial Finance — EOQ, Ratios, CVP Answer ALL questions QUESTION 1 (20 Marks) 1.1 REQUIRED Use the information given below to calculate the following: 1.1.1 Economic order quantity (4 marks) 1.1.2 The number of orders to be placed annually based on the economic order quantity (2 marks) 1.1.3 The total ordering costs and total carrying costs. (7 marks) […]
Budgets, Ratio Analysis & Capital Financing – Accounting Assignment QUESTION 1 (30 Marks) BUDGETS The following information has been projected by the management of GORGEOUS TRADING for the forecast period 01 September 2024 to 31 October 2024. Information: PROJECTIONS ACTUAL BUDGETED JULY AUGUST SEPTEMBER OCTOBER Cash Sales 150 000 100 000 120 000 140 000 Credit Sales 100 000 80 000 60 000 90 000 […]
Established Manufacturers Case Study & Financial Analysis CASE STUDY Information Established Manufacturers (Pty) Ltd is a South African company specialising in producing and distributing electronic components. The company operates in a highly competitive market and sells its products locally and internationally. The year has been particularly eventful for the company, filled with growth, challenges, and critical decisions that will shape its financial future. Reflections on […]
Cosmed Limited: 2023 Cash Flows, 2024 Ratios & 2026 Project COSMED LIMITED Cosmed Limited was founded over twenty years ago. It started as a retailer with various stores that sold health care products and cosmetics. The management of Cosmed Limited took advantage of the changes in South African legislation in the year that it commenced operations (2003) by entering the pharmacy market in December of […]
EcoGrid SunGrid Expansion & VitaPharm ROE Analysis – Capital Budgeting & DuPont Review QUESTION 1 (73 marks) EcoGrid Solutions Ltd (Eco) is a leading provider of eco-friendly gas-powered shower systems. Their innovative technology, which utilises state-of-the-art gas geysers, ensures a consistent supply of hot water while minimising environmental impact. A gas geyser is a type of water heater that uses natural gas or liquid petroleum […]
Financial Accounting Assignment – VAT, Journals, Depreciation & Cash Flow Analysis Question 1 (10 marks) The following information is given for Tank Retailers (Pty) Ltd, a VAT-registered vendor. VAT is at 15%. No. Cost price (VAT- inclusive) Mark-up or margin Selling price (VAT- exclusive) VAT @ 15% Selling price (VAT- inclusive) 1 A 50% on cost price B 1 320 C 2 18 400 D?% […]
