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Question - Assume a fair interest rate of 12%. On 30 September 2016, Vuka acquired 650 000 of the 1 000 000 issued Class A shares of Aero, a Soweto based gym. In terms of the purchase agreement with the previous shareholders of Aero, Vuka paid R1 800 000 for the shares in Aero on 30 September 2017, interest free.
Do we still need to work out the present value in order to calculate the purchase price, if it states it's interest free?
acne company had the following information for the year direct material used- 110000direct labor incurred 5000 hours -
If the fair value of held to maturity investment declines for a reason that is viewed as OTT because the company intends to sell the investment do you write down the investment to fair value?
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The building's scrap value is $500. The office equipment has a scrap value of $500. Calculate the depreciation for one month
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Suppose you hold a portfolio that consists of 35% in Microsoft Co. stock, 35% in Treasury bills, what return should you expect on your portfolio
The following data have been extracted from the records of Puzzle lnc.: Calculate the cost formula for mixed cost using the high-low method
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