P QUESTION EIGHT Mtoto Mary buys and sells on credit. She supplied the following information for the month
ended 31 May 2016.
2016
May 1 Trade receivables
31 Credit sales
Tshs
5,687,000,000
72,641,000,000
Receipts from credit customers 64,500,000,000
Credit notes issued to customers 8,242,000,000
Cash discounts allowed
1,894,000,000
800,000,000
The sales journal had been under-cast by Tshs. 86,000,000. A cheque received and banked on
300,000,000
8 May from John Bakery for Tshs.2,300,000,000 had been returned by the bank because of
Bad debts
Contra entry
insufficient funds.
EQUIRED
epare the sales ledger control account for the month ended 31 May 2016. Balance the
count at that date and bring the balance down on 1 June 2013.​

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be: