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Lokalalo is a New Zealand company helping Kiwi families redesign their homes. The balance date is 31 August.
You have studied the theory and want to put what you have learnt into practice.
Paulo Jr. wonders why the profit after tax is not the same as the
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- Lokalalo is a New Zealand company helping Kiwi families redesign their homes. The balance date is 31 August. You have studied the theory and want to put what you have learnt into practice. Describe to Paulo Jr. what the cash flow statement shows?Deli Llama operates in a state with a sales tax. What will be the effect if it records a cash sale to a customer? (Select all that apply.) Liabilities will decrease. Assets will decrease. Liabilities will increase. Stockholders' equity will decrease. Stockholders' equity will increase. Assets will increase.Shanice works in finance for a small manufacturing company and is working on next year’s budget. She has been doing research to compare the cost of outsourcing some upcoming jobs versus the cost of purchasing the equipment to keep the jobs in-house. In what step in financial planning is Shanice involved? Multiple Choice developing financial statements for outside investors forecasting short-term financial needs establishing financial controls and tax policy forecasting long-term financial needs
- What is a mathematical model? Give two examples of mathematical models (e.g. present value of money, interest etc). Do not use break-even as an example. A mathematical model can be as simple as one multiplication such as calculating sales tax. Think of one that you might use in your daily life.Albion is looking for ways to increase his bottom line by reducing his operating expenses, so he consults his most recent income statement. which of the following should he focus on? a.) Advertising costs b.) Interest payments c.) Income taxes d.) Foreign exchange lossesThe factory has to pay the VAT to SARS (South African Revenue Ms. Rennet is a retired advocate. She always wanted to be a business woman, her, she decided to start a business which specialises in selling handbags. but did not have the time to fulfil her dream. With the money that was paid out to Ms. Rennet must pay VAT (Value Added Tax) to the factory for the bags. QUESTION 3 Ms Rennet buys the bags directly from the factory Service). When customers buy bags from Ms. Rennet they pay VAT to her and she has to pay VẬT to SARS. PLEASE NOTE: Ms Rennet will not pay all the VAT that she receives from her customers to SARS, The VAT that she has to pay to SARS is the difference between what she received from her customers and what she paid to the factory.. Ms. Rennet buys 500 handbags from the factory at R 120 each (excluding VAT). She then sells the handbags to her customers for R 190 each (VAT inclusive) 3.1 Calculate how much VAT the factory has to pay to SARS for the bags that Ms. Rennet…
- Analyst A states that for many small fırm's US federal income tax is paid on net income from operations. Analyst B states that for many small firm's US federal income tax is paid on annual net cashflow. Who is correct? B is correct A is correct neither is correct both are correctMany of us apply the time value of money in our personal lives – for example when we invest dollars in a young child’s bank account earmarked for his or her eventual college education. Share an explanation of the time value of money in your own words. What criteria do accountants use to decide whether to use present or future values in accounting statements?Assume that you recently graduated with a degree in finance and have just reported to work as financial adviser at the brokerage firm of Capital Asas Berhad, Your first assignment is to explain nature of the Malaysian financial markets to Martin Johnson, a potential investor. He expects to invest substantial amounts of money through Capital Asas Berhad. He is very optimistic; therefore, he would like to understand in general terms what will happen to her money. Your supervisor has developed the following questions that you must use to explain the Malaysian financial system to Johnson. A) Describe the difference between market and financial market.
- Allison needs to borrow money to become a software engineer. Suppose that compensation of software engineers is expected to increase. Assuming nothing else changes, this means that if Allison borrows now, her cost of borrowing money is expected to decrease due to the following factor: Rising compensation of software engineers provokes inflation. Rising benefits of becoming a software engineer. Decreasing preferences for future consumption. Which of the following events could decrease the cost of money? Check all that apply. The country exports more than it imports Inflation increases The Federal Reserve purchases Treasury securities held by banks The federal deficit increases O O O OII. TERMINAL OUTPUT. If you have short-term money needs, a personal loan can be an alternative. With no collateral needed, you can apply for a personal loan at any bank in the Philippines. What is a personal loan? A personal loan is a loan for any personal expense. Unlike a housing loan or a car loan, you can use a personal cash loan for anything you want. May it be for tuition fees, travel expenses, or anything else. When you apply for a personal loan, you enter into an agreement with the lender (usually the bank) and promise to repay the loan over an agreed length of time. To repay your personal loan, you make monthly payments for the loan tenure until you have fully repaid both the principal and interest of the loan. Most banks in the Philippines offer attractive interest rates for their personal loans. While standard monthly interest rates are around 1.5% to 2%. https://www.money.ph/parsonal-loan Task If you are planning to apply for a personal loan and borrow PhP 30,000 and repay…For following transactions Prepare the adjusted trail balance. Natasha and Saher are living in Kabul as the humanitarian crisis looming in the country and the situation seems to be catastrophic due to a number of factors in the country’s poor economic condition including distorted trade in the country. They’ve decided to start up a small scale business which shall be financially sustainable and help people in the society who are suffering due to lack of food due to distorted trade in the country. After a lot of brainstorming and discussion, they decided to start the flour mill in the capital, which will be led by female and will support the female owned bakery business in the country. The following is the summary of the capital required to start their business an extract from their business plan that includes the NPV, IRR and payback period: Machinery (plant) and its setup cost: $65,000 Space with 10,000 square feet to rent. Their business model is to purchase wheat from the farmer…
