Dacember 2017. (30 Marks)
[Total 30 marks)
Question 2
ENG 11:48 AM
6/7/2020
UK
(D
The following summarized statements of financial position relate to Track Limited:
Statements of financial position at 30 June
2014
2013
N$000 N$000
Non-current assets at cost
650
500
Less accumulated depreciation
300
200
350
300
Investment at cost
50
200
400
500
Current assets:
Inventory
700
400
Accounts recelvable
1,550 1,350
Cash at bank
100
2.250
1.850
Total assets
2.650
2.350
Current liabilitles
Bank overdraft
60
Accounts payable
920
800
Taxation
190
230
Total liabilities
1.170
1.030
Page 3 of 7
1.480
1,320
Net assets
Equity
Called-up share capital (1 ordinary shares)
Share premium account
Retained profits
750
200
530
1.480
500
150
670
1,320
Additional Information:
1. During the year to 30 June 2014, some non-current assets originally costing
N$25,000 had been sold for N$20,000 in cash. The accumulated depreciation
on these non-current assets at 30 June 2013 amounted to N$10,000. Similarly,
some of the investments originally costing N$150,000 had been sold for cash at
their book value.
2. The taxation balances disclosed in the above statements of financial position
represent the actual amounts agreed with the revenue and customs. All taxes
were pald on their due dates Advance corporation tax may be ignored
3. A dividend of N$130,000 was pald during the year to 30 June 2014
4. During the year to 30 June 2014, the company made a 1-for-2 rights issue of 250
ordinary N$ shares at 120p por share.
Required:
Prepare Track Ltd's statement of cash flows for the year to 30 June 2014. (30 marks)
[Total 30 marks]

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.

Which of the following has the largest impact on opportunity cost

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: