Wednesday, January 29, 2020

Abraham Maslow’s Hierarchy of Needs Essay Example for Free

Abraham Maslow’s Hierarchy of Needs Essay Aron Ralston’s physiological need was to satisfy his hunger, thirst, and a need to love and be loved. His desire was to be a father. This gave him a purpose to live. His will to live became greater than dying. But thirst and hunger overcame him to a point where he was saving and sipping his own urine to stay alive. I also believe that he had a divine appointment as he was shown insight into his reproductive future by the vision he had of a son. He was also shown that he was going to lose his arm when he saw the preschool boy being scooped up by a one armed man. I do not know if Aron believed in God or if he even had a relationship with my Lord and Savior or not, but I do think that his spiritual development should have grown through his journey. Hunger can put us in a life or death situation. After hours of driving alone in an unfamiliar city, you finally see a diner where you can eat. Even though it looks deserted and a little creepy, you end up stopping because you are really hungry. According to Maslow (pg 407) our need to meet the physiological need of hunger and thirst takes priority over our safety needs prompting us to take risk at times in order to eat. See more:Â  Masters of Satire: John Dryden and Jonathan Swift Essay References Myers, David G. Psychology. New York: Worth, 1998. Print.

Tuesday, January 21, 2020

The Communist Manifesto Essay -- Communist Manifesto Essays

The Communist Manifesto   Ã‚  Ã‚  Ã‚  Ã‚  Marx describes the problem in great detail in the first chapter. He feels there is a problem between the bourgeoisie and the proletarians. The bourgeoisie were the oppressed class before the French Revolution and he argues that they are now the oppressors. The proletarians are the new working class, which works in the large factory and industries. He says that through mass industry they have sacrificed everything from the old way of religion, employment, to a man’s self worth and replaced it with monetary value. He is mad that the people of ole that use to be upper class such as skills man, trades people, & shopkeepers, are now slipping into the proletarians or working class. He talks of the bourgeoisie getting to be so greedy that they are forced to nest all over the world to hock their goods. This is talking about the new import and export system that has formed. He says the working class has to deal with the flux of the market and is disposed of more eas ily than the machines used in the market. He says that they actually become part of the machine while working. Doing the simplest and most monotonous part of the job. In this new system Marx says â€Å"as repulsiveness of work increases, the wage of work decreases†. He also prophesizes that machines will become so advanced that the wages for man will become one extremely low rate. He says the proletarians live a life of exploitation. By being exploited at work in the w...

Sunday, January 12, 2020

Kona coffee Essay

Kona coffee company is one of the largest coffee manufacturers in the state of Hawaii. Their products are made in Hawaii and they have over forty different flavors. Because the coffee beans are grown in Hawaii this is the only place it can be found. High-quality as well as luxurious products. Strong Point †¢Corporate culture †¢Products †¢Political and Legal Environment – Great assessment in communicating the need to be aware of not only American export laws, but Japanese import laws as well. †¢Coffee Market – Information about the numbers of coffee market was good in showing the increase in coffee consumption. – Also how Japan has become the world’s third largest importer of coffee. †¢SWOT analysis †¢Marketing Objectives †¢Marketing Strategies – Excellent target market. †¢Supply chain strategies †¢Implementation Plan 1 2 – Researching upscale stores, Partner with a local ad agency, and Promotions such as taste tests are excellent idea. Sampling is the best way to promote a product. †¢Measurement and Control Strategies – Surveys are a great way to gain feedback both positive and negative. Weak Points †¢Situation Analysis †¢Markets. †¢Economic Environment – Could go more into detail about reasons why expansion would be good in this market. How is Japans economy? †¢Distribution †¢Competitive Environment †¢Promotion Strategies – A little bit weak on promotion. The biggest promotion should be social media. Missing Points †¢Situation Analysis could have gone more in depth – Main competitors are not mentioned – Product distribution missing – Environmental factors – Core fundamentals such as strengths, weaknesses, opportunities, and threats need to be slightly mentioned †¢Mission statement is missing. – Although I did find a cute quote on their web page â€Å"The warmth of the islands in every cup†. †¢Distribution – Could have mentioned how much is distributed to each store – Also how much is sold online My Conclusions: Although Japan is in its infancy in coffee culture I think it would be an excellent idea to offer Hawaiian coffee because Hawaii is seen as paradise. This analysis is missing in the report as well as Japans culture. They didn’t mention the fact that Japans coffee shops serve as meeting rooms for businessmen to talk and possibly capture new clients. It is very important to understand origins of culture so as to understand how to promote new 2 3 products in the best way possible. They don’t quit mention much about how brief japan customers visit a coffee shop and how to manage this problem. They would have to draw in and make the products attractive. It should be mentioned when Starbucks entered into Japan how it changed the views of coffee shops in Japan. It brought back a sit-and-have-a-chat style of coffee consumption. References http://www. hawaiianisles. com http://www. japantoday. com/category/opinions/view/japans-coffee-culture 3.

Saturday, January 4, 2020

Xyz Analysis Essay - 766 Words

FRASIER (A) ANALYSIS This case outlines the background of the negotiations between NBC (National Broadcasting Corporation) and Paramount for the extension of renegotiating the rights to the TV show, Frasier. While NBC wanted to pay under $5 million per episode in order to make a profit, Paramount seemed to be demanding $8 million per episode. This was a very big gap considering that there were 24 episodes per season and that Paramount wanted a three year term on the renegotiated contracted. The key parties in this case are NBC (represented by Mark Graboff, Scott Sassa and Jeff Zucker) and Paramount (represented by Kerry McCluggage and Gary Hart). What is NBC’s BATNA? NBC’s BATNA was to either steal a show from another network or begin†¦show more content†¦Since Paramount could not negotiate for a price lower than $5 million with other networks, Viacom probably would not agree to a loss making deal unless it felt that Frasier would have a significant impact on other CBS shows (in other words, be a ‘tent pole’) as well as on CBS’ internal power struggle. What is your best estimate of their respective reservation prices (â€Å"walk away price†)? Be sure and explain your answer. Don’t just give a number. The initial offer from Paramount was a 20% increase over what NBC was paying. This translates to roughly about $6 million per episode. However, NBC’s initial number was 5% less than what they were paying currently. This translates to roughly about $4.75 million per episode. Later, Paramount came down by $500,000 per episode ($5.5 million per episode). This still represented a sizable difference. Based on these facts, I would put Paramount’s reservation price being in the range of $5-$5.25 million per episode. This is because their BATNA is not very strong and the fact that NBC were the industry leaders in terms of license fees, especially for prime-time shows. Additionally, they called NBC to still work on the deal, which gives a strong hint that they were still open to negotiation. On the other hand, NBC’s reservation price would be in the range of $5.5-$5.75 million. Though NBC’s BATNA is also not very strong, they have other alternatives. AndShow MoreRelatedAbc And Xyz Inventory Analysis1650 Words   |  7 Pages ABC and XYZ Inventory Analysis Amritpal Kaur ACC 7145: Accounting Information Systems Prof. Habel Spring/ Summer 2015 Abstract Companies are trying hard to become more productive even though they are facing the inventory management challenge. Inventory management is becoming critical for such production companies now a days. To manage the inventory at its best, it s very important to classify inventory efficiently. Moreover, for better inventory forecasting, it will be classifiedRead MoreCompany Analysis : Xyz Pvt2103 Words   |  9 Pages1 XYZ PVT Electronics Company is the individual of famous international company in this planet. This corporation delivery ground-breaking digital creation like as entertainment, home media as well as many of the home appliance to buyer. XYZ PVT Electronics supported in the year 1960 as Gold Star and also in the country that is America. In the year 1995 the Company renamed as XYZ PVT. This corporation prior product is buyer television .radio, refrigerator, AC as well as clothing washing machine. XYZRead MoreAnalysis Xyz Energy Management Essay619 Words   |  3 PagesCase Study Essay: Big Energy Sally Johnson is a member of the management team of XYZ Energy, a major government-owned energy company. Following a high-profile corporate sales process, XYZ Energy was bought by one of its private-sector competitors, Big Energy, for a record price. XYZ Energy was successful company that had established strong, efficient and robust processes and systems to manage its business and risks. It had also innovated new processes in areas, which gave it significant competitiveRead MoreAnalysis Of Xyz Ltd. Company Essay1023 Words   |  5 PagesAs we can see that in XYZ Ltd. company there is complex of group and they don’t interact with each other. They don’t have enough synergy for work and due to this problem, they even don’t understand the organisation goal and they face target loss, financial loss, highly demotivated and trust deficit. C). Communication Communication is categorised in total three face 1) verbal, 2) written, and 3) nonverbal. Each type of their own pros and corn. 1) Verbal: in this type of face communication is dependRead MoreXyz Beauty Products Company Analysis2517 Words   |  11 PagesXYZ beauty Products Company is a company in the cosmetic industry whose business involves manufacturing products aimed at enhancing women’s beauty. XYZ Company has a global presence and is one of the leading brands in the cosmetic industry. Over time, XYZ has diversified its products portfolio to include beauty products, fashion, jewellery and clothing. The organization’s global presence and its wide product portfolio have enhanced its market share making it a direct competitor of leading brandsRead MoreXYZ INC: Company Analysis588 Words   |  2 PagesImagine that you are an executive for XYZ, Inc., a high-end retail chain that sells luxury watches, jewelry, and hand bags. Youve just been put in charge of the companys first international expansion, opening a store in Shanghai, China. This will be a short-term, small-scale change for the organ ization. After one year, you will be expected to begin opening additional stores in Brazil, Russia, India, and China (also known as the B.R.I.C. countries). This will be a long-term, large-scale change.Read MoreCase Analysis : Xyz Widget Corporation1625 Words   |  7 Pagesorganization there are issues discovered and confronted with day-to-day obstacles, while exploration is sought how to improve the working environment for those associates within the working place (Skytt, Couture, Townsend, 2000). XYZ Widget Corporation Organizational development is undoubtedly an effort through which an institution evolves their capacity to get results, increase productivity and in their quest, get the job done with maximum efficiency. Moreover, as well as to preserveRead MoreAnalysis Of Xyz Technologies Inc.3594 Words   |  15 Pagessummary introduction of XYZ Technologies Inc. this summary represents the different details about the company as a whole and it provides details about what the company does, how it works and the skills and products that it offers to its customers. This document also presents a legal strategy to assist XYZ Technologies Inc with its eCommerce business practice. The document includes XYZ’s business formation, business models. The document also discusses details about the practice of XYZ Technologies Inc’sRead MoreAnalysis Of Xyz Company Is A Popular Book Chain2022 Words   |  9 PagesIntroduction XYZ Company is a popular book chain. The question to answer by the analysis is there is a reduction in sales of hardcover and paperback books since the release of the electronic reading devices available. Continuing the analysis from the previous weeks, Team A researches Barnes Noble data collection techniques and performs further analysis. In reviewing the analysis data, the Team is able to explore potential challenges that can come from the validity and reliability of the questionnaireRead MoreAnalysis Of Xyz Company, Risk Management Plan1501 Words   |  7 Pageswithin these six process information that covers knowledge areas of project management: integration, cost, quality, scope, time, human resources, communications, risk and procurement. Objective Project plan of XYZ Company, Risk management plan. Gantt chart and PERT analysis on XYZ project. Projects administered by established project management techniques are effectively planned change control procedure in place deliver the right product on time and within budget consistent project management

Friday, December 27, 2019

Analysis Of Madam Cj Walker s The Souls Of Black Folk

Writing is really important to make our voices heard and it also can be use as a source to express ourselves, especially if we do not have much freedom to do it orally. Readings such as daily newspapers have really large audiences and it also can be use as the ‘vehicle’ to deliver our thoughts and make sure people hear our opinions or things that we want to deliver. Based on a reading with a title â€Å"Broadening Representational Boundaries†, written by Rooks, we can see that the first black women millionaire in America, Madam CJ Walker, also authored numerous articles about her life and her business empire to be issued in various news sources around the country (76-95). Madam CJ Walker is not the only person who wrote her own stories to make her voices heard. There are many other public figures that also writing stories about themselves, such as Booker T. Washington who wrote â€Å"Up from slavery† and Du Bois’s who wrote â€Å"The Souls of Black Folk.† In my opinion, this practice of writing own stories is really beneficial and also a critical dimension of Black life, self-definition, self-determination, and assertion of their place in American society because of many reasons. As we know, by writing own stories, one can inspire, share the lessons that they learnt, share victories and setbacks that they encountered and many more to the readers. We know that blacks faced so many hardships and they were also seen as an inferior race even after the emancipation proclamation. Because of

Thursday, December 19, 2019

The Legalization Of Marijuana Affected Colorado - 1041 Words

How has the legalization of marijuana affected Colorado? The state has seen some pretty significant changes since the legalization of recreational marijuana. There have been major changes in the economy, job market, and traffic related injuries, but not all of these changes have been negative. There is a split in the public opinion about recreational marijuana use and if the state has benefited since its legalization. Some people think that the state is suffering and have been fighting to repeal the law since it was voted into place. Others have devoted all their money and time into the flourishing business and would be devastated if the law was repealed. There have been some pretty apparent pros that have come with the legalization of marijuana. The state has put a hefty tax on the sale of marijuana, which has generated a lot of income. The state has used the profits for all sorts of things that will help to improve the lives of the people living there. â€Å"The first 40 million o f this tax revenue is earmarked for public schools and infrastructure, as well as for youth educational campaigns about substance use.†(Roberts, Jeff). They have used these profits to improve education, infrastructure, and the local governments. So far it has generated hundreds of millions of dollars that have gone to the groups that were listed and many more. â€Å"It’s going so well in Colorado in 2015, that pot shops sold both medical and recreational weed for about $700-million with two months of salesShow MoreRelatedShould Marijuana Be Legalized? Essay1223 Words   |  5 Pagesthat the marijuana industry has had on the economies of the states which have legalized recreational marijuana use for consumers over the age of 21. Many predictions were made referring to the outcome of marijuana legalization, however, most predictions made did not foretell the actual outcome. The act of legalization in the state of Colorado has yielded many advantages in the field of mark eting. With these advantages, however, come many disadvantages. This study will identify how marijuana legalizationRead MoreMarijuana is use in bible Genesis where they gave mankind the power over every land, sea, and1400 Words   |  6 PagesMarijuana is use in bible Genesis where they gave mankind the power over every land, sea, and animal not mention every seed bearing plant. Marijuana is a seed bearing plant. Marijuana is used in world religious. Coming from different back ground with stereo type family background has allowed me to see the effects that drugs can have on someone life. Many Americans college students is discovering and adapting to the world around its association with social marijuana is creating some problems forRead MoreShould Marijuana Be Legalized?877 Words   |  4 PagesThere was a time when talks of legalizing marijuana went largely untouched by statesmen and policymakers. It seemed that considering legalization was unpopular and that the demand for it existed only in the minds of few. In this ever-changing world, we now see the rhetoric of the matter gradually fade away. That old approach of conservatism seems to be marginalized regarding this groundbreaking social topic. With 75% of the nation expecting that marijuana will find a federal path to legality, theRead MoreShould Marijuana Be Legalized?1656 Words   |  7 Pagesto the legalization of marijuana. In 2014 expected tax revenue from the marijua na industry is an expected $67 million just in Colorado alone. Now in Washington their government is allocating a 25% excise tax on marijuana. While in Colorado they assigned a proposition to enable a 15% excise tax, and a 10% sales tax on recreational marijuana. Marijuana is stimulating businesses all over, whether it be real estate, construction, or candy! Business owners are using the legalization of marijuana to theirRead MoreStrain Theory Of Criminology1299 Words   |  6 Pagesfamilies leading to social challenges as children would be psychologically affected (Shapiro Hughes, 2017). In addition, prostitution would increase the criminal elements in society as many young girls and children will be forced into it or others will unknowingly be pushed into it through disguise such as employment, hence being smuggled and trafficked to engage in commercial prostitution. Such children would be mentally affected and would have quashed their aspiration. Apart from destroying the moralRead MorePublic Health Effects Of Medical Marijuana1368 Words   |  6 PagesPublic Health Effects of Medical Marijuana Legalization in Colorado Over the last few decades, the controversy over marijuana has been heightened, specifically in the last decade or so, with the legalization of medicinal and recreational marijuana for parts of the United States. Now with increasing acceptance and with its counterpart scrutiny, research is being implemented to analyze whether the benefits truly outweigh the possible health effects to individuals and communities. In this articleRead MoreMarijuan The Pseudo Gate Way Drug924 Words   |  4 Pages Marijuana: The Pseudo Gate way Drug My thesis states that the federal government of United States of America should legalize marijuana. Legalizing would not only benefit the people of need for medical uses but also our economy for recreational use. In the year of 2014 the state of Colorado was the one of the first few states to legalize the use of recreational marijuana. Colorado retailers sold $386 million of medical marijuana and $313 million for purely recreational purposes (Ingraham). WithinRead MoreShould Marijuana Be Legalized?930 Words   |  4 PagesShould Marijuana be legalized? The legalization of Marijuana in the United States has been a hot controversial topic in the past few years. Marijuana is classified by the Controlled Substance Act as a schedule 1 drug, meaning there are no medicinal benefits and has a high risk of being abused. Marijuana has been illegal since the 1930s, after newspapers falsely exaggerating violence committed by immigrants intoxicated by marijuana. Along with the newly formed Federal Bureau of Narcotics caused marijuanaRead MoreWhy Marijuana Has Affected The Crime Rate1589 Words   |  7 PagesThe next article was another one from the drug policy website. It briefly went over the crime rate statistics after the legalization of marijuana. It advises the city of Denver saw a decrease in violent crime rates in the first 11 months of 2014, following a similar trend in 2013. Statewide traffic fatalities continue to decline, according to the Colorado Department of Transportation. Upwards of $8 million has been allocated to fund youth education and drug prevention efforts. And the state is enjoyingRead MoreShould Marijuana Be Legalized?1581 Words   |  7 Pagessince the late 1900’s, the legalization of marijuana has been a popular topic within the past couple of years. This topic is very controversial due to the fact that many people are unable to see past the bad rap that cannabis has accumulated over past years. Among the other aspects that have already given marijuana a bad reputation, some people are trying to find more and more reasons to postpone the legalization of marijuana. Since the legalization of cannabis in Colorado, Washington and Oregon the

Wednesday, December 11, 2019

Basic Vat Techniques free essay sample

At the retail level, sellers are charged the statutory VAT rate (currently 14% for all commodities except gold which is zero-rated so pays no VAT) and receive a rebate for the tax revenue paid on intermediate inputs. The net payment is the statutory VAT rate applied to only the value added for that commodity. This tax collection method encourages â€Å"self-policing†Ã¢â‚¬â€ producers are more likely to purchase intermediates from sellers who can verify that they have paid the value added taxes due. When the VAT was initially introduced, there were concerns that it could not replace the GST as a source of government revenue. In addition, a VAT may affect producers’ input choices. When the VAT is administered with rebates for intermediate inputs, there is, in effect, a subsidy for intermediate input use. Producers may substitute intermediates for primary factors (land, labor and capital), affecting the return to factors and income distribution. Another concern is that the VAT, because it is an indirect tax that works through the price system, puts a larger burden of the tax on low-income households. VAT CONCEPTS Zero-rated items| Zero-rated items are goods or services which are taxed at a rate of 0%, e. g. milk, brown bread, maize, fruit, etc. VAT-exempted items| These items involve services that are not subject to VAT at either the standard rate or zero rate, e. g. childcare services, educational services, etc. | Standard rate| In South Africa Standard-rated supplies are taxed at the rate of 14%. | VAT-able items| These items are goods or services that are subject to VAT. | VAT Output | VAT paid on items purchased and can be claimed back from SARS. It is VAT, which your company would charge on items, which it, sells. Thus a company could wish to sell an item and added to the amount a standard rate tax would be charged. VAT Input| VAT on Sales and income and must be paid over to SARS. It is VAT that you pay on all your business expenses and for which you have a tax invoice. It also relate to VAT that is paid on other goods and services bought or rented for the business. | VAT C ontrol | Is a summary of the VAT Input and Output and shows whether the business owes SARS money or whether SARS owes the business money. | VAT CALCULATIONS How to add VAT (Value Added Tax) to a price (14%) This is the calculation you need to use when you know a PRICE BEFORE TAX (THE NET PRICE) but want to find out the PRICE AFTER TAX (THE GROSS PRICE). VAT rate of 14%. | Net price| Multiplied by| 1. 14| = Gross price| Price before tax| Multiplied by| 1. 14| = Price after tax| Calculations: The VAT standard rate is rate of 14% First, get the multiplier: 14 100% = 0. 14 0. 14 + 1 = 1. 14 The multiplier is 1. 14 So | Net price| Multiplied by| 1. 14| = Gross price| Price before tax (Net price)| Multiplied by| 1. 14| = Price after tax (Gross price)| E. g. : | | | | R100| Multiplied by| 1. 14| = R114| R100 + Tax| | | = R114 inc Tax| How to deduct VAT from a price (14%) People can often add VAT to a figure, but when it comes to taking it off it is a problem. So here it is Taking-off VAT (Tax) from a price This is the calculation you need to use when you know a PRICE AFTER TAX (THE GROSS PRICE) but want to find out the PRICE BEFORE TAX (THE NET PRICE). VAT rate of 14%. | Gross price (price after tax)| Divided by| 1. 14| = Net price| Price after tax | Divided by| 1. 14| = Price before tax (Net price)| Calculations: The VAT standard rate is rate of 14% First, get the divisor: 14 100% = 0. 14 0. 14 + 1 = 1. 14 The divisor is 1. 14 So the back calculation for 14% VAT is | Gross price| Divided by| 1. 14| = Net price| Price after tax| Divided by| 1. 14| = Price before tax| E. g. 😠 | | | R114. 00| Divided by| 1. 14| = R100| R114. 00 inc Tax| | | = R100 + Tax| THREE BOOKKEEPING ACCOUNTS For the purposes of Value Added Tax (VAT) records, three bookkeeping accounts must be kept. 1. The VAT on inputs account. 2. The VAT on output (transactions) account. 3. VAT Control (Debit and Credit) account. * The VAT on Inputs Account –This account will usually show a debit (the VAT SARS owe you money for the VAT you have paid and you are entitled to receive from them). * The VAT on Output (Transactions) Account –This account will usually show a credit (the VAT SARS are entitled to receive the VAT from you that you have collected on their behalf. The money is not yours and it is only temporarily in your possession until the due date for the payment of VAT. * The VAT Control (Debit and Credit) Account. This is the account to which the 2 first accounts are posted. The account balance may show a credit, when the periodic report to the VAT is for a payment to be made, or it may show a debit when the periodic report shows that that money is to be returned. VALUE ADDED TAX: CALCULATIONS| Notes, Assessment Tasks and solutions| Learning OutcomesPerform elementary VAT calculations: Calculation. | Value Added Tax is a tax on the supply of goods and services which is eventually borne by the final consumer, but which is collected at each stage of the production and distribution chain. Currently the Standard rate of VAT in South Africa is 14% and this is the rate to be used when answering all questions. QUESTION 1 On 17 March, Tilly sells goods to the four customers shown in the table. The value of the goods is also shown. VAT has not yet been included in the invoice price of the goods. Calculate the value of VAT in each case and the total value of the invoice to be sent to each customer. CUSTOMER | VALUE OF GOODS SOLD| VAT | INVOICE TOTAL| Nina | R 54. 67| | | Khentsane | R 132. 91| | | Phuti | R 17. 54| | | Bongi | R2 381. 92| | | QUESTION 2 On 4 September, Harry receives invoices for goods that he purchased. The invoices show the total price of the goods including VAT. Calculate the value of goods that Harry received and the amount of VAT added to this to produce the invoice total. SELLER | INVOICE TOTAL | VALUE OF GOODS PURCHASED | VAT| Cindi | R 325. 76| | | Xolani | R 54. 22| | | Tenyeko | R4 571. 09| | | Azwindini | R 72. 77| | | NB. The most difficult calculation involving VAT is encountered when cash discount is involved. QUESTION 3 Fill in the gaps. Two types of discount are used in the business world: a. __________ is a reduction in price when goods are supplied to other businesses (usually in the same line of business). This reduced price is not available to the general public. This type of discount is generally shown on the invoice (source document), but is not included in the double-entry records. b. __________ is an allowance that can be deducted from the total amount charged for goods if the debt is settled within a time specified by the supplier. This type of discount is only recorded when advantage is taken of the reduction. QUESTION 4 Bernard sells goods valued at R2 760 to Aileen. Aileen is allowed a 25% trade discount. Calculate: a) The amount that Bernard will show on his sales invoice for the goods sold and the amount that he will enter in his sales journal b) The amount that Aileen will enter in her purchases journal Notes: CASH DISCOUNT One of the trickiest calculations that you will come across during your accounting studies involves the calculation of VAT on goods that are subject to both trade and cash discount. Learn it and practice it several times. He allows Mapule 25% trade discount and 3% cash discount for settlement within 30 days (invoice no. 1,235). Also, on 4 October Maleka sells goods to Bongani with a catalogue price of R518. Bongani’s order is subject to 50% trade discount and a cash discount of 1% if the debt is settled by the end of the month (invoice no. 1,236). Calculate: a the total of the sales invoice sent to Pierre b the total of the sales invoice sent to Mapule c the total of the sales invoice sent to Bongani d Prepare the entries in Maleka sales journal. Maleka: sales Journal | Date| Particulars| Invoice no. Sales| Vat| Invoice total| 3 October| Pierre| 1 234| R| R| R| 4 October| Mapule | 1 235| | | | 4October| Bongani | 1 236| | | | SOLUTIONS QUESTION 1 Calculate the value of VAT in each case and the total value of the invoice to be sent to each customer. CUSTOMER | VALUE OF GOODS SOLD| VAT | INVOICE TOTAL| Nina | R 54. 67| R 7. 65| R 62. 32| Khentsane | R 132. 91| R 18. 61| R 151. 52| Phuti | R 17. 5 4| R 2. 46| R 20. 00| Bongi | R2 381. 92| R333. 47| R2 715. 39| QUESTION 2 Calculate the value of goods that Harry received and the amount of VAT added to this to produce the invoice total. SELLER | INVOICE TOTAL | VALUE OF GOODS PURCHASED | VAT| Cindi | R 325. 76| R 280. 15| R 45. 61| Xolani | R 54. 22| R 46. 63| R 7. 59| Tenyeko | R4 571. 09| R3931. 14| R639. 95| Azwindini | R 72. 77| R 62. 58| R 10. 19| QUESTION 3 Fill in the gaps. A. Trade discount B. Cash discount QUESTION 4 Bernard sells goods valued at R2 760 to Aileen. Aileen is allowed a 25% trade discount. a) R2 060 b) R R2060 QUESTION 5 (a) (b) (c) A. Pierre| B. Mapule| C. Bongani| R7 500. 00| R376. 0| R 581. 00| Less Trade discount 2 497. 50| Less Trade discount 94. 00| Less Trade discount 259. 50| 5 002. 50| 282. 00| 259. 50| Less discount 125. 06 | Less Cash discount 8. 46 | Less Cash discount 2. 59 | 4877. 44| 273. 54| 256. 1| Add VAT 882. 84 | Add VAT 38. 30 | Add VAT 35. 90 | Total value of invoice 5560. 28| Total value of invoice 311. 64| Total value of invoice 292. 31| d Prepare the entries in Maleka sales journal for 3 and 4 October. Maleka: sales Journal | Date| Particulars| Invoice no. | Sales| VAT | Inv. Total| 3 October| Pierre| 1 234| R 4677. 44| R 682. 84| R 5560. 28| 4 October| Mapule | 1 235| 273. 54| 38. 30| 311. 64| 4October| Bongani | 1 236| 256. 41| 35. 90| 292. 31|