FIN 3701 ASSIGNMENT 1

FIN3701 ASSIGNMENT 1 – UNIQUE CODE: Johan Roberts QUESTION 1 1.1) The R190 000 that was conducted for market research will be allocated to the Income statement under Operating Expenses with a sub heading called Research Development. The market research is an expense a business incurs through its normal business operations. The annual interest expenses will lower your cash flow and is recorded in the operating activities section in the business’s cash flow statement as well as the n...

QUESTION 1 (25) Enoch Mabena is one of the successful Tenderprenuers in South Africa who owns Royal Projects, a company that supplies personal protective equipment (PPE). Enoch founded the company in March 2020. In its mission statements it emphases that it supplies superior, affordable and consistently high-quality PPE. In April 2020, the company successfully beat its rivals by securing a 4-year tender to supply PPE to the Gauteng department of health to be used by frontline doctors, nurs...