pre exam answer - Question 1 a. Trolleybus Pty Ltd Cash...

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Question 1 a. Trolleybus Pty Ltd Cash budget For quarter ended 31 December 2007 Receipts: October November December Cash received from debtors 88,200 32,400 75,600 33,000 77,000 38,400 120,600 108,600 115,400 Payments: Wages and salaries 69,000 66,000 62,000 Vehicle expenses 34,000 35,000 29,000 Advertising 9,000 Other expenses 5,200 5,100 6,000 Interest expense 3,500 Loan repayment 15,000 Dividend 18,000 T a x 8,000 108,200 121,100 135,500 Net cash flow 12,400 (12,500) (20,100) Opening cash balance 32,000 44,400 31,900 Closing cash balance 44,400 31,900 11,800 Question 2 a. 30 000 units b. 42 000 units c. Break-even would now be 31 250 units. Question 3 a. Myrtle Blackwood Teak ARR 16/50=32% 16/37.5=42.7% 19/45=42.2% b . PP 2.2 years 3 years .9 year c. NPV 36,880 31,840 49,715
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Question 4 Rexel Ltd Income statement for year ending 30 June 2006 $ $ Sales 233,000 Less: cost of sales 114,000 Gross profit 119,000 Less expenses: Wages 37,560 Depreciation 4,900 Rent 20,000 Electricity 2,510 64,970
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pre exam answer - Question 1 a. Trolleybus Pty Ltd Cash...

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