Exempt Supplies $5,000,000 The GCT threshold is $10,000,000. Which of the following statement is correct? Time left 1:06:21 •a. BDF limited taxable has exempt supplies. The company is not required to register for VAT. Ob. BDF limited taxable supplies is $7,000,000. The company is not required to register for VAT. O c. BDF limited total supplies is $9,000,000. The company is required to register for VAT. d. BDF limited total supplies is $15,000,000. The company is required to register for VAT.Clear my choice
Exempt Supplies $5,000,000 The GCT threshold is $10,000,000. Which of the following statement is correct? Time left 1:06:21 •a. BDF limited taxable has exempt supplies. The company is not required to register for VAT. Ob. BDF limited taxable supplies is $7,000,000. The company is not required to register for VAT. O c. BDF limited total supplies is $9,000,000. The company is required to register for VAT. d. BDF limited total supplies is $15,000,000. The company is required to register for VAT.Clear my choice
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Exempt Supplies $5,000,000
The GCT threshold is $10,000,000.
Which of the following statement is correct?
Time left 1:06:21
•a. BDF limited taxable has exempt supplies. The company is not required to register for VAT.
Ob. BDF limited taxable supplies is $7,000,000. The company is not required to register
for VAT.
O c. BDF limited total supplies is $9,000,000. The company is required to register for
VAT.
d. BDF limited total supplies is $15,000,000. The company is required to register for VAT.
Clear my choice
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