INV2601 ASSIGNMENT 1 SEM %

INV2601
ASSIGNMENT- 1
SEMESTER 1 -2025




2025
INV2601
ASSIGNMENT - 1
SEMESTER 1 - 2025

,INV2601-25-S1  Welcome Message  Assessment 1

QUIZ




Started on Tuesday, 25 February
2025, 4:56 PM
State Finished
Completed on Tuesday, 25 February
2025, 6:56 PM
Time taken 2 hours
Marks 20.00/20.00
Grade 100.00 out of 100.00


Question 1

Correct

Mark 1.00 out of 1.00




Age of inventory can be estimated by…




a. 365 days divided by 
inventory turnover ratio.

b. 360 days divided by inventory
turnover ratio.

c. 360 days multiplied by inventory
turnover ratio.

d. 365 days multiplied by inventory
turnover ratio.




Your answer is correct.
The correct answer is:
365 days divided by inventory turnover
ratio.

, Question 2

Correct

Mark 1.00 out of 1.00




Pebetsi Ltd has issued 143 380 ordinary
shares and the firm's shares are trading
at R10 each. The firm's net asset value
(NAV) amounts to R13.60 and its total
liabilities to R850 000. Calculate the
firm’s total assets.




R2 799 968 
a.




b. R993 380

c. R850 000

d. R2 810 500




Your answer is correct.
The correct answer is:


R2 799 968