GRAAD 12 NATIONAL SENIOR CERTIFICATE GRADE 12 ACCOUNTING FEBRUARY/MARCH 2011 MARKS: 300 TIME: 3 hours This question paper consists of 19 pages and an answer book of 16 pages. Copyright reserved Please turn over Accounting 2 NSC DBE/Feb. – Mar. 2011 INSTRUCTIONS AND INFORMATION Read the following instructions carefully and follow them precisely. 1. 2. 3. 4. 5. Answer ALL the questions. A special ANSWER BOOK is provided in which to answer ALL the questions. Workings
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Children’s March In the spring of 1963‚ Birmingham‚ Alabama‚ was the "do-or-die" battleground for the Civil Rights Movement. "What are we going to do?" Martin Luther King asked his friends. He was worried; it looked like they were going to fail in their mission. Martin Luther King was trying to lead the black people in Birmingham in a struggle to end segregation. In King’s day‚ segregation meant that black people were not allowed to do the same things or go to the same places as white people:
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to the point of absurdity. Among the responses of many people on the web about her crass declaration of sexuality (Cyrus‚ who is twenty years old‚ danced in a pale-latex bra and panties and rubbed herself with a huge foam finger) that asked whether the performance degraded or empowered. Performing on live television is always a “go big or go home” kind of thing. But when Miley Cyrus stepped onto the stage at the VMA’s‚ she clearly set the scale for almost going too far. Miley shocked the world
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Statement of Cash Flows Learning Objectives 1. Identify the purposes of the statement of cash flows 2. Classify activities affecting cash as operating‚ investing‚ or financing activities 3. Compute and interpret cash flows from financing activities 4. Compute and interpret cash flows from investing activities 5. Use the direct method to calculate cash flows from operations 6. Use the indirect method to explain the difference between net income and net cash provided
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FINANCIAL FORECASTING: RIORDAN MANUFACTURING Introduction Financial forecasting allows financial managers to anticipate events before they occur‚ particularly the need for raising funds externally. An important consideration is that growth may call for additional sources of financing because profit is often inadequate to cover the net buildup in receivables‚ inventory‚ and other asset accounts. When forecasting‚ one must take into account estimated future levels of receivables‚ inventory‚ payables
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people present during this march because its intention was achieved. The current youth assume that because they do not experience similar practices used before the March‚ for example segregated restrooms or segregated schools‚ segregation does not occur. Truthfully‚ the March achieved tremendous accomplishments yet many of the issues fought for during the March on Washington still remain unsettled. It was recorded that approximately 200‚000-300‚000 people attended the March on Washington that summer
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as of December 31: Cash $ 6‚700 Accounts receivable $ 40‚200 Inventory $ 10‚640 Buildings and equipment‚ net $ 113‚230 Accounts payable $ 36‚120 Common shares $ 104‚000 Retained earnings 30‚650 a. The gross margin is 30% of sales. b. Actual and budgeted sales data are as follows: December (actual) $ 67‚000 January $ 76‚000 February $ 87‚000 March $ 92‚000 April $ 62‚000 c. Sales are 40% for cash and 60% on credit. Credit sales
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22 August 2012 Voting Rights The march lead by John Lewis and Hosea Williams became a major part of history. It’s famous not only for the horrific events that occurred during the march‚ but also because of what is stood for. Lewis and Williams prepared the march to honor the death of Jimmie Lee Jackson who was killed trying to protect his mother at a civil rights demonstration. It was intended to be a peaceful march from Selma to Montgomery to protest voting rights. As the marchers crossed the Edmund
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I. INTRODUCTION Statement of Cash Flow (Cash Flow Statement) describes the changes in the cash position of a company during specific period of time. In business as in personal finance‚ cash flows are essential to solvency. Solvency can be described as the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity. Cash flow is crucial to an entity’s survival. Having ample cash on hand will ensure that creditors‚ employees and others
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15.769 Manufacturing Strategy Spring 2001 Second revision of syllabus Prof. Don Rosenfield: E40-419‚ 253-1064‚ e-mail: donrose@mit.edu Teaching Assistant: Melissa Falkowski‚ Office TBD‚ mfalkow@mit.edu Manufacturing strategy examines strategy for manufacturing and operations within the firm. The course will examine how manufacturing and operations can be used as competitive weapons. Traditionally‚ these areas have been viewed as narrow‚ functional areas‚ and management of them
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