lete the balance sheet for The Book Store at the end of June 200 profit for the year ended 30 Joris 202 Wendy supplied the following information regarding her accounting records for the year ended and 30 June 2020: After a physical stocktake, she determined the value of the stock in her shop 78 400 The total of the debtors' list is R3 550. Wendy has a long-term loan of R10 000 at Loaded Bank • The total of the creditors' list is R2 950. The total value of furniture in the shop is R94 500 Wendy took R8 900 during the year for personal use ness owns a vehicle with a value of R365 000. 500. statement of the business showed a credit balance of R80 400 sales of the business were R1 350 000 with a profit mark-up of 50% on cost other income for the business was R120 300 while the expenses was a total of Sub-task 3: Economic environment (Total: 30 marks, 60 minutes) The Book Store is a business which sells a variety of books to suit any lifestyle, from bestselling novels, educational material to children's books. The owner, Wendy Brooks, has realised that there is a demand for creative stationery based on her customers' requests. She decided to expand her business by producing a stationery line including creative paper, envelopes, notepads, creative stamps, craft pens and wrapping paper which she will sell in store. Wendy is considering using semi-finished products to produce the stationery and wants to import the creative stamps and craft pens from China. Wendy plans to apply for a business loan in order to gain the capital for the expansion of The Book Store. Wendy knows that she has to conduct thorough research before starting this new venture. You are required to assist Wendy by conducting the research and preparing a typed investigative report on the following points: a) The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery-line. You are required to investigate two inputs for each factor of production. Pon b) Include a drawing of the production process of this new venture. c) Research the infrastructure needed to manufacture the stationery-line. d) Propose ideas on how to produce the creative stationery in an environmentally friendly way to prevent deforestation. light reserved Marinkie A05s 03 Jul 2024 8:56 am
lete the balance sheet for The Book Store at the end of June 200 profit for the year ended 30 Joris 202 Wendy supplied the following information regarding her accounting records for the year ended and 30 June 2020: After a physical stocktake, she determined the value of the stock in her shop 78 400 The total of the debtors' list is R3 550. Wendy has a long-term loan of R10 000 at Loaded Bank • The total of the creditors' list is R2 950. The total value of furniture in the shop is R94 500 Wendy took R8 900 during the year for personal use ness owns a vehicle with a value of R365 000. 500. statement of the business showed a credit balance of R80 400 sales of the business were R1 350 000 with a profit mark-up of 50% on cost other income for the business was R120 300 while the expenses was a total of Sub-task 3: Economic environment (Total: 30 marks, 60 minutes) The Book Store is a business which sells a variety of books to suit any lifestyle, from bestselling novels, educational material to children's books. The owner, Wendy Brooks, has realised that there is a demand for creative stationery based on her customers' requests. She decided to expand her business by producing a stationery line including creative paper, envelopes, notepads, creative stamps, craft pens and wrapping paper which she will sell in store. Wendy is considering using semi-finished products to produce the stationery and wants to import the creative stamps and craft pens from China. Wendy plans to apply for a business loan in order to gain the capital for the expansion of The Book Store. Wendy knows that she has to conduct thorough research before starting this new venture. You are required to assist Wendy by conducting the research and preparing a typed investigative report on the following points: a) The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery-line. You are required to investigate two inputs for each factor of production. Pon b) Include a drawing of the production process of this new venture. c) Research the infrastructure needed to manufacture the stationery-line. d) Propose ideas on how to produce the creative stationery in an environmentally friendly way to prevent deforestation. light reserved Marinkie A05s 03 Jul 2024 8:56 am
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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