Profit before taxation = 3,216,600
Notes:-
(1) Cost of sales including of:
Export credit msurance premiums of RM15, 000 paid to Teguh Insurance Berhad, a Malaysian incorporated company.
Trading inventories of RM85, 000 been written off due to some defect. Research and development expenses as follows:
Marketing research 30,000
Quality control testing 120,000
Undertaking approved in house research and development project 80,200
(2) Compensation received from one of the company’s customer due to termination of sale contract
(3) Interest income received from short term placement with financial institution.
(4) Realised gain on foreign exchange is from:
(i) a payment received from oversea customer 13,000
(ii) payment to supplier for purchase of production machinery 5,600
(5) Entertainment expenses are as follows:
i. Annual general meeting expenses including of distributing of annual report 26,700
ii. Expenses incurred to entertain potential investor 5,300
iii. Entertaining existing suppliers and customers 32,900
(6) Interest paid for machinery purchased under hire purchase
(7) Marketing expenses include:
i. Participate in approved international trade fair 86,800
ii. Advertised its products in Malaysian’s magazines and newspapers 23,000
(8) Penalty paid for late delivery of product to customers
(9) Professional fees comprise:
i. Consultancy fee paid to a supplier in Germany who sent two of their engineers from Germany to assists in installation of machinery. – 505000
Penalty for late payment of withho1ding tax 600′
iii. Tax agent fees for filing of tax returns and tax computations – 15,500
iv. Investor relationship consultancy fee 8,000
v. Audit fees 15,000
(10) Salaries and wages include:
(i) Annual dinner to emponees 56,800
(ii) Leave package to director 32,000 –
(iii) Staff birthday paity 28,000
(iv) Family day for staff to Sunway Lagoon 25,800
(11) Bad and doubtful debts (trade) comprise:
(i) Specific Provision during the year 15,000 ‘
(ii) Specific Provision no longer required (12,000)
(12) Bad debt written off 15 in respect of a waiver of long overdue non trade debt from the company ‘3 related company
(13) Travelling and accommodation expenses include:
(i) Airfare and hotel accommodation for important overseas customers who were interested in the companys products. 23,000
Sales were concluded with these customers
(ii) Cost incurred by sales personnel visiting the customers 135,000
(14)Upkeep and maintenance are:
(1) Repair and spare pans for plant and machinery 10,500
(ii) Renovation ofdamaged office toilet 28,400
(15) Loss on fixed assets written off
Written off of damaged machine with tax written down value of RM 12, 000
The machine has been used for production for 6 years 1
(l6) Other information:
(i) The capital allowances and industrial building allowance for Y/A2017
amounted to RM113,000 and 100,500 respectively.
(ii) Unabsorbed loss and capital allowance brought forward is RM12,300
and RM527,000 respectively ‘
Required:
Compute the chargeable income and income tax payable by PHSB for the year of
assessment 2017.
Note: You are required to start with the profit before taxation figure. Every item
mentioned in the notes to the accounts must be listed in your computation irrespective of whether an adjustment is necessary, Where no adjustment is required, indicate ‘Nil’
(35 marks)
[Total: 3 5 marks]
- Attachment 1
- Attachment 2
- Attachment 3
- Attachment 4
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Hello
I have to give macro-environment analysis, industry analysis, SWOT/TOWS analysis, VRIO analysis of one of te Switzerland hotel. I have chosen the Chedi Andermatt hotel in kanton Uri. Could you be so kind to help me in this matter?
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Hello ! I have trouble with my financial analysis case study (attached files).
In Part A, I have trouble determining the 14th transaction. Should I put it in cash and expenses ? Is it part of the balance sheet or the income statement ?
In part B, I have difficulty calculating the invested capital (it is shareholders’ equity + financial liabilities), I have trouble identifying liabilities in this case…
It is the same for the cash flows using the indirect method (I know that there are operating, investing and financing activities). As there are no plant and property, I suppose that are no investing activities, but what about the other statements ?
Thank you for your help !
Regards
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Hello, I have two questions. I posted the question and available answers. I also posted the answer I think is correct. 2 questions below. Thank you.1)This neural circuit consists of a single presynaptic neuron synapsing with several postsynaptic neurons.A. Diverging circuitB. Converging circuitC. Reverberating circuitD. Parallel after-discharge circuitE. Normal circuitANSWER: ______I believe the answer is E 2)Faster communication and synchronization are two advantages ofA. Chemical synapsesB. Electrical synapsesC. Ligand gated channelsD. Voltage gated channelsE. Mechanically gated channelsI think the answer is B, please advise.
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Hello! I hope everyone is doing well. I need some assistance with this. Let me know if this is something you’re able to do, thanks. The minimum is 250 words!
———————————————————————————
Prior to beginning work on this discussion, review the 2017 Premier 100 Leaders: IT in the driver’s seat (Links to an external site.)Links to an external site.web page, the How Has Technology Changed the Way We Conduct Business? (Links to an external site.)Links to an external site. online resource, view the Roles and Responsibilities in IT (Links to an external site.)Links to an external site. video, and review any relevant information in this week’s lecture.
IT innovation has been a key component of organizational operations and strategy. For years, many business leaders did not see IT as vital to business, which resulted in missed opportunities to grow, and in some cases, sustain the business. Evaluate the role of IT solutions in an organization with which you are familiar. Explain how the business is using IT as a solution for the organization’s operations and strategy. Distinguish among hardware components, operating systems, programming languages, programs, and applications being used by the organization. Identify the solutions already in place and any areas where the business is not using IT. Describe the perceived impact the lack of IT has on the business both internally and externally. Provide examples from any of the required resources to support your answers.
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hello I just changed the price of my assignment to $79 for you so will you be able to help me ?
Truckee Boats Inc.Trans. #Date1 OCT Account Titles and Explanation1 CashCommon stock 2 OCT3 OCT 1 No entry needed1 Prepaid InsuranceCash 4 OCT 1 Prepaid Rent 5 OCT 3 Organization Cost…
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Hello, I’m doing Annotated Bibliography research paper on Jewelry mostly diamonds!
Purpose: The purpose of the annotated bibliography is to summarize the sources that you have gathered to support your research proposal project. These summaries help you to think about the complex arguments presented in your sources.
Description: In this assignment, you will create an annotated bibliography consisting of SEVEN SOURCES. Each entry will consist of a reference list citation, a summary of the source’s information, and a one-sentence assessment. Each annotation should be between 150 to 200 words. If an entry is shorter than 150 words, it is likely you have not fully developed your summary, and this lack of development can severely impact your grade for this assignment.
This assignment must be in APA format, Times New Roman, Paragraphs indentation of .5 inch (using Tab), All seven references in alphabetical order, Each annotation is 150-200 words. You must know how to do Annotated Bibliography to complete this assignment!
Here’s some ideas or questions you can use to help create the Annotated Bibliography on this topic:
How long a diamond takes to be made (or formed), where do they come from, and what makes a color in a diamond or how does color gets into a diamond. Not only that, how every so often a diamond is form. Now I know some diamonds are not valued the same but what makes some diamonds more valuable than others. Not to mention, how many diamonds are out there (color diamonds included). And what’s the most rarest diamond out of them all. Another thing in today’s world is there is there a high demand for diamonds? Is there a shortage or surplus in diamonds? And can diamonds run out?
P.s if you want you can create or find your own seven resources (or questions) to enhance the annotated bibliography for the research proposal paper but it must be RELATED to Diamonds!!! If you think you can do this research paper please let me know! Its is Due Tuesday March 5, 2019 at 9pm.
At the bottom is a preview of how mines should look when it’s finished. And hopefully this should help you!
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Hello!
I’m having difficulty with this assignment. Can you please review to make sure it’s right, and if
it’s not, correct it and explain why?
Thanks!
Assignment:
Fill out the blanks with ser, estar or haber (hay). I replaced the blanks with italicized/bold words. Please check those!
1) Algunos de mis amigos son artistas.
2) El concierto está mañana.
3) ¡Qué desgracia! ¡La sopa es fría!
4) En mi cuarto hay tres fotos de mi novio.
5) Ellos no estudian nunca; están perezosos.
6) ¿Hay un diccionario bilingüe por aquí?
7) Felipe es una persona muy sencilla aunque sus padres son muy ricos.
8) Todas las puertas están abiertas. ¿Por qué están cerradas las ventanas?
9) Hay varios estudiantes hispanos en esta universidad.
10) Su familia es de Madrid, pero ahora todos están en Bogotá.
11)No hay nada interesante aquí.
12) Yo no estoy de aquí.
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Hello, I’m having major trouble with this assignment. Can you help?
The college IT department manager no longer wants to use spreadsheets to calculate grades. The manager has asked you to construct a program that will input the teachers’ files and output the students’ grades.
Write a Ruby program named formatfile.rb, which can be run by typing ruby widgets.rb.
In your Ruby environment, the program must read an input file formatted in CSV format, named input.csv. Each record contains data about a student and their corresponding grades.
The data will look similar to the following:
Student Name, assignment1, assignment 2, assignment 3, assignment 4
John Adams, 90, 91, 99, 98
Paul Newman, 90, 92, 93, 94
Mary Smith, 95, 96, 99
Be careful to follow the output format exactly, including spacing. The output of your program must look like the following:
Student Assignment Average
John Adams 94.5
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Profit before taxation = 3,216,600
Notes:-
(1) Cost of sales including of:
Export credit msurance premiums of RM15, 000 paid to Teguh Insurance Berhad, a Malaysian incorporated company.
Trading inventories of RM85, 000 been written off due to some defect. Research and development expenses as follows:
Marketing research 30,000
Quality control testing 120,000
Undertaking approved in house research and development project 80,200
(2) Compensation received from one of the company’s customer due to termination of sale contract
(3) Interest income received from short term placement with financial institution.
(4) Realised gain on foreign exchange is from:
(i) a payment received from oversea customer 13,000
(ii) payment to supplier for purchase of production machinery 5,600
(5) Entertainment expenses are as follows:
i. Annual general meeting expenses including of distributing of annual report 26,700
ii. Expenses incurred to entertain potential investor 5,300
iii. Entertaining existing suppliers and customers 32,900
(6) Interest paid for machinery purchased under hire purchase
(7) Marketing expenses include:
i. Participate in approved international trade fair 86,800
ii. Advertised its products in Malaysian’s magazines and newspapers 23,000
(8) Penalty paid for late delivery of product to customers
(9) Professional fees comprise:
i. Consultancy fee paid to a supplier in Germany who sent two of their engineers from Germany to assists in installation of machinery. – 505000
Penalty for late payment of withho1ding tax 600′
iii. Tax agent fees for filing of tax returns and tax computations – 15,500
iv. Investor relationship consultancy fee 8,000
v. Audit fees 15,000
(10) Salaries and wages include:
(i) Annual dinner to emponees 56,800
(ii) Leave package to director 32,000 –
(iii) Staff birthday paity 28,000
(iv) Family day for staff to Sunway Lagoon 25,800
(11) Bad and doubtful debts (trade) comprise:
(i) Specific Provision during the year 15,000 ‘
(ii) Specific Provision no longer required (12,000)
(12) Bad debt written off 15 in respect of a waiver of long overdue non trade debt from the company ‘3 related company
(13) Travelling and accommodation expenses include:
(i) Airfare and hotel accommodation for important overseas customers who were interested in the companys products. 23,000
Sales were concluded with these customers
(ii) Cost incurred by sales personnel visiting the customers 135,000
(14)Upkeep and maintenance are:
(1) Repair and spare pans for plant and machinery 10,500
(ii) Renovation ofdamaged office toilet 28,400
(15) Loss on fixed assets written off
Written off of damaged machine with tax written down value of RM 12, 000
The machine has been used for production for 6 years 1
(l6) Other information:
(i) The capital allowances and industrial building allowance for Y/A2017
amounted to RM113,000 and 100,500 respectively.
(ii) Unabsorbed loss and capital allowance brought forward is RM12,300
and RM527,000 respectively ‘
Required:
Compute the chargeable income and income tax payable by PHSB for the year of
assessment 2017.
Note: You are required to start with the profit before taxation figure. Every item
mentioned in the notes to the accounts must be listed in your computation irrespective of whether an adjustment is necessary, Where no adjustment is required, indicate ‘Nil’
(35 marks)
[Total: 3 5 marks]
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Hello, I’m having trouble finding the operation costs using the DOL formula. (I get f= -0.30645) The question is the following:
Use the following information regarding Beta Inc. to answer Questions a) to e):
Number of units sold = 450,000
Sales price per unit = $15
Variable cost per unit = $6
Degree of operating leverage = 1.30645
Degree of financial leverage = 1.08772
a) Beta Inc.’s fixed operating costs are
b) Beta Inc.’s fixed financial costs are
c) Beta Inc.’s degree of total leverage is
d) Beta Inc.’s breakeven number of units is
e) Beta Inc.’s operating breakeven number of units is
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