1.Sold hems on Canh for P20 00.00 Pacnim

Q: windaer Lomparry buyan speratiuma un Jeruary 1, 2018. and uaa the everupe-coat muthud of pris ng…

A: Under average cost method, Inventory is valued at average cost. Under FIFO method, inventory is…

Q: Salary is R17100,50 What is the total of income

A: To calculate the annual income from a monthly salary, you simply multiply the monthly amount by the…

Q: ABM Marketing present the following sales and cost of sales figures during its operation in the last…

A: When the cost is divided by revenue it is known as the cost ratio. It is represented in percentages.…

Q: A = $2,000 End of Year 1 17 18 19 20 21 i = 12% per Year Po = ? P17 = F17 2.

A: End of year payments Annuity Payment between year 18-21 = 2000 Interest Rate = 12%

Q: FDN Accounting Services purchased office supplies for P52,000 on terms 30% down payment and the…

A: Increase in office supplies = P52,000 Decrease in cash = P52,000 x 30% = P15,600 Increase in…

Q: one week (or else). a. If you were brave enough to ask, what APR would Friendly's say you (Do not…

A: The APR is just like nominal interest rate without compounding but effective interest rate is after…

Q: your Sisler borrows $1,000 and evmpleyte promises to $ 2,000. 4 you wanl to atlea5r a 5to an you…

A: A = P 1+r100n Where  A = Amount P = Principal r = Rate of interest n = Number of years

Q: igures calculate the individual depreciation an

A: We need to compute tax shield on depreciation and interest on excel.

Q: What is EE Taxable Wages FUTA in quater 3? Emloyee Q1 Q2 Q3 Q4 EE 3500 3500 3200 3200

A: FUTA is an abbreviation for Federal Unemployment Tax Act. FUTA Tax is a United States federal tax…

Q: Question 3 On November 1, 2020, BEEF Trading entered into an agreement by signed a 90-dey, es note…

A: Note payable is the amount which is payable by the company to the other person. Usually note payable…

Q: Lui’s statement of financial position was prepared on 31 December 2018. It showed the following…

A: Assets - Any resource that a company or other economic organization owns or controls is considered…

Q: 1700 900 PO0 1300 700 500 1000 EBY i= 3% co. monthly

A: Interest rate = 3% compounded monthly We need to equate the present value of X with the present…

Q: THOUSAND, WHAT WOULD BE THE HALF YEARLY PREMIUM FOR SA RO 150,000.

A: Premium is the amount of money which is paid by the holder of the policy to the insurance company…

Q: Rebate on bills diScounted 1.1.2020 48 31.12.2020 52 Net profit

A: Ans. Net profit is calculated by deducting the expenses from the income of an organisation.

Q: DiscountP9,000 for 9 months at a discount rate of 8%. A P8,460 B P6,740 © P 7,480 D P 8,670

A: Solution: Discount amount = P9,000*8%*9/12 = P540

Q: A £12,000 T-bill is purchased at a 4.05% discount rate for 40 weeks. Find the maturity value of the…

A: t bills are sold at discount to par is face value equals to its maturity value.

Q: E-QMMay 50.2012 a fady manugacturing engineer loaned 5, 000 in fhe pank fr the expainon of'her…

A: Ordinary simple interest is calculated as under:   = (Principal × Rate × Time) ÷ 100

Q: the equivelant value at year 15 is :use i=5% 1 3 4 5 6. 7 8. 9. 10 11 12 13 14 15 100 100 200 PO

A: future value formula: Future value = present value×1+rateyear

Q: FIND P AND A

A: Present Worth (P): It is the present value of the cash flows discounted at a specific interest…

Q: On 31 December 2010 total of rent OMR 4,510 was owing, and the rent chargeable per year (2011) was…

A: Rent is an expense which is paid because of using the asset which is not having own by the person or…

Q: After a 15% discount on an invoice, the invoice amount has decreased to 170 TL. In this case, what…

A: Let x be the main value x = 170 + (15%*x)

Q: a barbeque is listed for $700.48 less 48% , 18% and 6%

A: This is a case of successive discounts. Successive discounts means discount on discount. In other…

Q: What is the value of Po?

A: Annuity is referred to a cash payment being made at regular intervals. It is a widely used concept…

Q: 1. Using the following information from Bloomberg: GBP 14.36 11.77 CHF 6.1919 7.6040 5.8795 5.0909…

A: Trade (Buy or Sell) is done on the base currency.JPYGBP=Base CurrencyQuote CurrencyJPYGBP=(JPY)…

Q: 26. A is a non-VAT business with a total sales of P1,500,000 of which 70% has been collected. Its…

A: Since A is a non-VAT business, it is subject to percentage tax, which is a tax on gross sales or…

Q: Use the information provided below to calculate the following. Note: Where applicable, use the…

A: Net present value is the difference between the present value of cash inflow and cash outflows.

Q: a) Prepare statement of cost production for the year ended 31 December 2020. b) Prepare statement of…

A:

Q: Today 4. year years years years years $1000 $1000 $1000 $1000 $1000 $1000 $1000 $1000 $1000 $1000…

A: In this we have to find out present value of semi annual annuity.

Q: 4. Considering the following quotations: Spot Fwd 30 days Fwd 90 days Fwd 180 days $/€ 1.2215-2345…

A: Spot currency rates are the current rate price of one currency quoted in terms of another currency.…

Q: Forfeiture of at Par (Ans. Money : App. 30,000; I II & Call 18,000; Share forfeiture 6,200] 30.…

A: As per our protocol and our guidelines we solution to one question only but as you have asked two…

Q: Salalah Mills has taken a loan of one million on which it pays an interest of 6.5 %. If the current…

A: Cost of debt is the effective rate of interest a firm pays of its debt.

Q: Assgnment ASS, -pay 20,000 and if in much If have to jears interst yate is How bank so he to that…

A: given, loan amount = $20,000 n = 15 year r=7% m = 12

Q: 19. Amount of $1.00 at 5.5% Compounded Daily, 365-Day Year Day 21 22 23 24 25 Amount 1.00316…

A: Interest Earned after 21 days = ( Amount Deposited x Compounded Daily Factor) - Amount Deposited

Q: Supply the missing items of the following simple interest table.

A: Formula of Simple Interest Rate is as follows: Simple Interest = Principal ×Rate×TimeAmount =…

Q: tesporse. Question 8 A note payable of $60,000, 90-day, 8% was issued on November 1, 2020. What is…

A: Amount accrued on notes payable is for 2 months

Q: Income statement for the year ended 31 December, 2019 of KKMTN Ghana Ltd 2018 2019 ȼ ‘000 ȼ ‘000…

A: Computation:

Q: Need typing answer A Ltd. purchased a building worth CU 9.900.000 and issued 12%…

A: concept. Debentures are the most common form of long-term debt instruments issued by companies.…

Q: I f   y o u   b or r o w e d   P 10, 000.00  f r o m   a   b a n k   w i t h 18% interest per annum,…

A: Interest expenses are the charges which the borrower has to pay along with the principal amount…

Q: the Pachel corpotatian Ye Ports followinginfome dhen per taining accounts vecevicable to it's Days…

A: Credit balance in the allowance for doubtful accounts is deducted from the total doubtful account…

Q: Calculate the tax base for Machine A on 29 February 2016:

A: Tax base of machine is the opening balance of the machine after charging…

Q: ppose a stick had an price 115 per share paid div of 3 ending price of 144 pecentsge totsl return

A: Beginning price=115Ending price=144Dividend=3

Q: Jen Incas text liability of $170,000 in pretax income of $500,000. What's the average tax rate of…

A: Lets understand the basics. Tax liability is always gets calculated on the pre tax income. If we…

Q: Determine the net price of an article listed at $12050 less 20%, 16%, 9.33%. a. 7341.82 b.…

A: The net price is calculated after deducting all the trade discount from the list price. The cash…

Capital Gain

Any capital asset when sold can give the seller a higher or lower price from its purchase price leading to a capital gain or capital loss. The time period of holding an asset is decided based on if it is a long term or short-term capital gain. On that basis, the rate of taxation is decided if it is 20%, 15% or according to the tax brackets. The rate of taxation differs in the case of equity or debt, whether long or short term. The capital gain can be adjusted from capital loss to arrive at a net capital gain. The amount of gains and the exemption has to be reported in the tax return filed in the financial year in which the asset was transferred. The tax return can be filed quarterly, monthly, semi-annually or annually.