Noma’s Hair Salon’s monthly current fixed and total asset requirements schedule for the previous year is given below. The firm pays 8% on current liabilities and 10% on long-term debt. Month Current Assets Fixed Assets Total Assets January 125 000 250 000 375 000 February 130 000 250 000 380 000 March 135 000 250 000. 385 000 April 150 000 250 000 400 000 May 150 000 250 000 400 000 June 125 000 250 000 375 000 July 115 000 250 000 365 000 August 120 000 250 000 370 000 September 115 000 250 000 370 000 October 100 000 250 000 350 000 November 110 000 250 000 360 000 December 115 000 250 000 365 000 QUESTION 19 The salon’s annual financing costs according to the aggressive financing strategy were ... R24 167. R35 000. R36 933. R40 000.
Noma’s Hair Salon’s monthly current fixed and total asset requirements schedule for the previous year is given below. The firm pays 8% on current liabilities and 10% on long-term debt.
Month Current Assets Fixed Assets Total Assets
January 125 000 250 000 375 000
February 130 000 250 000 380 000
March 135 000 250 000. 385 000
April 150 000 250 000 400 000
May 150 000 250 000 400 000
June 125 000 250 000 375 000
July 115 000 250 000 365 000
August 120 000 250 000 370 000
September 115 000 250 000 370 000
October 100 000 250 000 350 000
November 110 000 250 000 360 000
December 115 000 250 000 365 000
QUESTION 19
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R24 167.
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R35 000.
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R36 933.
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R40 000.
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