Solve it quickly please Manufacturing company sold 100 car to wholesale trader 7000 RO each plus VAT , wholesale trader sold all 100 cars to retailers for 8000 RO each plus VAT , the retailer realised 850000 RO after selling all 100 cars . Assume VAT 5% . There is input available in manufacturing company was 42500 RO What will be VAT payable by wholesale, manufacturing companies, retailers to government?
Solve it quickly please Manufacturing company sold 100 car to wholesale trader 7000 RO each plus VAT , wholesale trader sold all 100 cars to retailers for 8000 RO each plus VAT , the retailer realised 850000 RO after selling all 100 cars . Assume VAT 5% . There is input available in manufacturing company was 42500 RO What will be VAT payable by wholesale, manufacturing companies, retailers to government?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Solve it quickly please
Manufacturing company sold 100 car to wholesale trader 7000 RO each plus VAT , wholesale trader sold all 100 cars to retailers for 8000 RO each plus VAT , the retailer realised 850000 RO after selling all 100 cars . Assume VAT 5% . There is input available in manufacturing company was 42500 RO
What will be VAT payable by wholesale, manufacturing companies, retailers to government?
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