MAC3702 ASSIGNMENT 1 – SEMESTER 2 OF
2022
1. 1
2. (a), (c), (d) & (e) (No answer choose (a) (c) & (e) OR (a), (b), (c), (d) & (e)
3. (a) & (d)
4. (a), (c) & (d)
5. (b) & (d)
6. Debtors time lag =
=
=
7. 3% discount is granted if the account is settled within 15 days. If not, the
account is payable within 45 days.
8. (c) & (d)
9. Net Interest Cover =
–
= –
=
10. Gross Profit margin =
2022 =
2021 =
Change in gross profit margin =
=
2022
1. 1
2. (a), (c), (d) & (e) (No answer choose (a) (c) & (e) OR (a), (b), (c), (d) & (e)
3. (a) & (d)
4. (a), (c) & (d)
5. (b) & (d)
6. Debtors time lag =
=
=
7. 3% discount is granted if the account is settled within 15 days. If not, the
account is payable within 45 days.
8. (c) & (d)
9. Net Interest Cover =
–
= –
=
10. Gross Profit margin =
2022 =
2021 =
Change in gross profit margin =
=