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Fed [463]
3 years ago
14

Discuss any 5 measures introduced by the government to fight poverty in south Africa​

Business
1 answer:
Sergeeva-Olga [200]3 years ago
5 0

Answer:

<h3>⭐Programmes that will lessen poverty in the long term include: education and capacity development, land redistribution, promoting economic development and job creation, building houses, providing water, sanitation and electricity, and building schools and clinics.</h3>
You might be interested in
Does a business neceşsarily have obligations to anyone<br> besides stockholders?
Marina CMI [18]

Answer:

of course. Business have obligations and duties towards many parties. we call these people "stake holders". in other words, they are either interested in the business and activities or are effected by the business activities.

for an example, the community and the environment the business operates in are stakeholders and the firm has responsibility to ensure an environmental friendly production and practices are carried out by the firm.

Government and tax authorities are another example. firm has to make sure that the required disclosures are made and proper taxes are paid timely.

Potential investors are another example, the company has to make sure that they disclose all the relevant and material information that may give signals about the companies future and its direction.

Explanation:

8 0
3 years ago
Variable production costs Plastic for casing $ 171,500 Wages of assembly workers 490,000 Drum stands 215,600 Variable selling co
Leviafan [203]

Answer:

Part 1.

Contribution margin income statement for the year.

Sales (4,900 x 340)                                                        1,666,000

<u>Less Variable Costs </u>

Plastic for casing                                        171,500

Wages of assembly workers                   490,000

Drum stands                                              215,600

Sales commissions                                    161,700       (1,038,800)

Contribution                                                                      627,200

<u>Less Fixed Costs</u>

Taxes on factory                                          6,000

Factory maintenance                                 12,000

Factory machinery depreciation               72,000

Lease of equipment for sales staff           12,000

Accounting staff salaries                           62,000

Administrative management salaries      142,000       (306,000)

Net Income                                                                      321,200

Part 2.

Contribution margin per unit = $627,200 / 4,900  = $128.00

Contribution margin ratio =  $627,200/ $1,666,000 = 37.65 %

Explanation:

The Contribution Margin Income Statement calculates separately the contribution and net income as shown above.

4 0
2 years ago
At the beginning of July, CD City has a balance in inventory of $2,850. The following transactions occur during the month of Jul
erastova [34]

Answer:

Gross profit = $ 3950.

Explanation:

1.

July-3. Dr Merchandise Inventory   1750

                   Cr Accounts payable    1750

  ( To record purchase of inventory on account)

July-4. Dr Merchandise Inventory   120

                                              Cr Cash   120

  ( To record payment of freight charges)

July-9 Dr Accounts payable  400

                 Cr Merchandise Inventory   400

   ( To record return of inventory)

July-11 Dr Accounts payable  1750

                        Cr Cash                  1750

 ( To record payment from wholesale music in full)

July-12.a) Dr Cost of goods sold 2450

                         Cr  Merchandise inventory   2450

          b)  Dr Account receivable  4700

                         Cr   Sales revenue       4700

    (To record sales of goods to a customer)

July-15. Dr Cash  4700

                      Cr  Account receivable  4700

      ( To record receipt from sale of goods)

July-18 Dr Merchandise inventory 2550

                      Cr Accounts payable           2550

       (To record purchase of inventory on account)

July-22.a) Dr  Cost of goods sold  1950

                                 Cr merchandise inventory   1950

                 Dr Account receivable   3650

                                 Cr sales revenue     3650

           (To record sales of goods on account)

July-28 Dr Accounts payable 190

                  Cr Merchandise inventory   190

      (To record purchase return)

   

July-30. Dr Accounts payable  2550

                     Cr Cash                        2550

       (To record paid in full).

2.                                              Income statement

Sales (4700+3650)                                                                         = 8350

Less: Cost of goods sold (2450+1950)                                          =(<u>4400</u>)

                               Gross profit                                                         3950

7 0
3 years ago
At the current prices of goods X and Y, the quantity demanded of good X is 10 units, and the quantity demanded of good Y is 5 un
damaskus [11]

Answer:

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

Explanation:

The cross elasticity of goods x and y is 0.6, which means that a one percent increase in price of good y will increase the demand for good x by 0.6%, this means that x and y are substitute goods, as when the price of y increases people tend to buy more of x.

When the price of good y increases by 10% it will result in the quantity demanded of x to increase by (0.6*10) =6%. The current quantity demanded of good x is 10 so a 6% increase will mean the quantity demanded of x will be (1.06*10)= 10.6

8 0
3 years ago
You recently purchased a stock that is expected to earn 30 percent in a booming economy, 9 percent in a normal economy, and lose
sergiy2304 [10]
Took me a bit to understand what this is. I have no business sense at all.

Expected Rate of Return = 30%*5% + 9%*75% - 33% * (100 - 75 -5)%
Expected Rate of Return = 0.015 + 0.0675 - 33%*20%
Expected Rate of Return = 0.015 + 0.0675 - 0.066
Expected Rate of Return = 0.0165

This then is expressed as a %
0.0165 = 1.65 % Sounds like you are buying a US short term treasury.
If anyone else answers, take their answer.
 
3 0
3 years ago
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