Question 1A collector's Porsche was purchased for $180,000 including and sold for $250,000plus GST.a. Calculate the amount of GST on the purchase price.b. Calculate the increase in value as a percentage of the purchase price.c. Calculate the final sale price including GST.

Here to know the fact of how to use the GST in the purchases and sales of the product which are…

Answered: Question 1 A collector's Porsche was…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Your Question: QUESTION: 1. Work Related Car Expenes (3800 Km + 500 Km) * $0.72 per Km? May know which method are you choose cents per km method or logbook method? which method better? 2. why no medical levy ? 3. Work-related mobile phone expense? How to calculate? 4.Work-related car expense?How to calculate?
What is the right answer from A to D? Please help me
eBook Question Content Area Time Value of Money Concept The following situations involve the application of the time value of money concept. Use the full factor when calculating your results. Use the appropriate present or future value table: FV of $1, PV of $1, FV of Annuity of $1 and PV of Annuity of $1 1. Janelle Carter deposited $9,840 in the bank on January 1, 2000, at an interest rate of 10% compounded annually. How much has accumulated in the account by January 1, 2017? Round to the nearest whole dollar. 2. Lee Spony made a deposit in the bank on January 1, 2010. The bank pays interest at the rate of 10% compounded annually. On January 1, 2017, the deposit has accumulated to $13,120. How much money did Lee originally deposit on January1, 2010? Round to the nearest whole dollar.
Why is the answer 21.3%?
Question 1 Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 24th May 2020 at 3.98% p.a. simple interest rate. a) What is the implied per annual simple interest rate for her purchasing (expressed as a percentage and rounded to three decimal places)? Select one: a. 0.076 b. 0.032 c. 0.031 d. 0.088 Question 2 Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 24th May 2020 at 3.98% p.a. simple interest rate. b) What is her selling price (rounded to four decimal places)? Select one: a. 98740.2903 b. 98634.0935 c. 98846.7161 d. 99317.7280 Question 3 Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 24th May 2020 at 3.98% p.a. simple interest…
question 6
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QUESTION 4 Ann bought a new home entertainment system today from Andre's Electronics. She will receive a cash rebate of $227.00 from Andre's Electronics today, pay $718.00 to Andre's Electronics in 1 year, receive a cash rebate of $1,642.00 from Andre's Electronics in 2 years, and pay $4,981.00 to Andre's Electronics in 4 years. If the discount rate is 18.21 percent, then what is the present value of the cash flows associated with this transaction? O $-541.47 (plus or minus 3 dollars) O $-1,756.26 (plus or minus 3 dollars) O $-2,220.78 (plus or minus 3 dollars) O $-1,203.64 (plus or minus 3 dollars) O none of the answers are within 3 dollars of the correct answer
Question content area top Part 1 (Related to Checkpoint 6.4) (Present value of a perpetuity) What is the present value of a $ 220 perpetuity discounted back to the present at 8 percent? Question content area bottom Part 1 The present value of the perpetuity is $ enter your response here . (Round to the nearest cent.)

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Question 1 A collector's Porsche was plus GST. a. Calculate the amount of GST on the purchase