QUESTION 1 Anka works at Bob’s Bling & Bits. Given below…

Questions

QUESTION 1 Ankа wоrks аt Bоb’s Bling & Bits. Given belоw is her pаyslip. Study it carefully before answering the questions that follow.  Right click the button below to open the PAYSLIP in a new browser tab.   1.1 What is the address of Bob’s Bling & Bits? (2) 1.2 What is Anka’s employee number? (2) 1.3 How much does Anka earn before tax? (2) 1.4 Mr. Bob Thomas is the owner of “Bob’s blings and Bits” also owns a barbershop and employs two barbers each earning R5 500 per month. Other monthly fixed costs amount to R8 200 per month.  On Average each barber does 20 haircuts per day and they work form Monday to Friday.  A haircut costs R50.   1.4.1  Calculate the total monthly fixed cost for the barbershop. (2) 1.4.2 Mr. Bob claims that if each barber does at least 20 haircuts a day. The total profit per month will exceed R12 500.  Use calculations to verify his claims assuming that a month has an average of 4.3 weeks per month.   Use the formula:  Profit = Total income – Total cost (5) 1.4.3 Mr. Bob Borrowed money from a friend to start the barber shop. He needed the money for renovations, and equipment.  He borrowed R52 000 at a simple interest rate of 12% per year, and he has 3 years to pay the money back to his friend. How much money will he pay back after the 3 years? (3)  1.5 Bob’s bling and bits is situated in Georgetown.  Given below is the company’s income and expenditure statement for December 2020. Click the button below to open the STATEMENT in a new browser tab.     1.5.1 What percentage of total income is total expenditure? (3) 1.5.2 Due to Covid-19, the export earnings for the company fell by 75% in January 2021 and local earnings decreased by 47%   Calculate the profit/loss for the company in January 2021, presuming their expenditure stayed the same. (7)