All categories

3 years ago

How does FNB programme benefit the community in terms of economic development?

1 answer:

4 0

FNB fund support early childhood development programs. Early childhood development programs are beneficial to the children, families and the community as a whole because of the present and future impacts that the programs have on the children.
FNB bank provide quality banking and financial services to the community. Also, the bursary program of FNB provide funds for students who are studying in the tertiary institutions.

You might be interested in

Which of the following exams helps you get into the US army?

Anvisha [2.4K]

ASVAB test helps you get into the army

6 0

2 years ago

Read 2 more answers

Eliminating the Drafty product line would eliminate $45,000 of direct fixed costs. The $78,000 of common fixed costs would be re

bagirrra123 [75]

Answer:

The Blowing's sand net income will increase by $45,000 by saving of direct fixed costs.

Explanation:

Fixed costs are costs which remains unchanged irrespective of the level of activity produced by Blowing Sand's, means the Blowing Sand's will have to bear that cost whether it eliminate the Drafty product line or not. example factory rent, building depreciation etc.

Direct Fixed costs are those which only incurred when the units are produced so that will only incur costs when production is made.

So the elimination of Drafty product line will save $45,000 of direct fixed costs and the remaining $78,000 will be redistributed to other remaining product lines which will not impact the net income.

6 0

2 years ago

On January 1, 2018, Savor Corporation leased equipment to Spree Company. The lease term is 9 years. The first payment of $698,00

Anna [14]

Answer:

$347,697

Explanation:

The interest revenue which shall be recorded by the Savor Corporation for the year ended 2018 in respect of equipment leased to Spree Company shall be calculated using the following mentioned formula:

Interest revenue=(Present value of lease equipment as at January 1, 2018-payment made on January 1, 2018)*interest rate

In the given question:

Present value of lease equipment as at January 1, 2018= $4,561,300

Payment made on January 1, 2018=$698,000

Interest rate=9%

Interest revenue=($4,561,300-$698,000)*9%=$347,697

8 0

3 years ago

Which of the following situations would most likely encourage a firm's managers to make decisions that are in the best interests

kotykmax [81]

I believe it’s D but not 100 percent

3 0

3 years ago

Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales are collected in full in the first month follow

hjlf

Jasper Company Cash Receipts Budget shows the estimated cash receipts from customers and other sources.

<h3>Cash Receipts Budget for April, May, and June:</h3>

April May June Total

Cash Sales 30% $157,500 $160,500 $168,000 $486,000

Credit Sales 70% 400,000 367,500 374,500 1,142,000

Total $557,500 $528,000 $542,500 $1,628,000

Calculations:

a) Cash Sales for April = 30% of April Sales = 30% * $525,000 = $157,500. The difference of 70% is received in May.

b) Sales received on account for April = 100% of Accounts Receivable = $400,000.

c) Cash Sales for May = 30% of April Sales = 30% * $535,000 = $160,500. The difference of 70% is received in June.

d) Cash Sales for June = 30% of April Sales = 30% * $560,000 = $168,000. The difference of 70% is received in July.

To learn more about cash receipts visit the link

brainly.com/question/15561219

#SPJ4

3 0

2 years ago