Homework Answers
|
Tax on Above Income |
Tax |
|||
|
Salary Income |
130000 |
|||
|
0 to 38898 |
7802.939 |
38898 |
||
|
38898 to 45916 |
(45916-38898)*22.70% |
1593.086 |
12018 |
|
|
over 45916 to 77797 |
(77797-45916)*28.20% |
8990.442 |
31881 |
|
|
over 77797 to 89320 |
(89320- 77797)*31% |
3572.13 |
11523 |
|
|
over 89320 to 91831 |
(91831-89320)*32.79% |
823.3569 |
2511 |
|
|
over 91831 to 108460 |
(108460-91831)*38.29% |
6367.244 |
16629 |
|
|
over 108460 to 142353 |
(130000-91831)*40.70% |
8766.78 |
21540 |
|
|
Total |
37915.98 |
135000 |
||
|
Capital Gain |
||||
|
(11.40-10)*1500 |
2100 |
210.63 |
||
|
Dividend |
||||
|
(0.44*1500) |
660 |
-45.144 |
||
|
Total Tax to be paid in 2017 |
38081.46 |
|||
Add Answer to:
For B) the answer I got is $16,595 from
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to total assets ratio, 7. cash debt coverage.
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1. a)Net Working Capital FYE 1/28/18 FYE 2/3/19 b)Net Operating Working Capital FYE 1/28/18 ...
1.
a)Net Working Capital
FYE 1/28/18
FYE 2/3/19
b)Net Operating Working Capital
FYE 1/28/18
FYE 2/3/19
c)After Tax Operating Income
FYE 1/28/18
FYE 2/3/19
d)Free Cash Flow
FYE 2/3/19
2.
Ratio Analysis
Based on the financial statements of Home Depot for the fiscal
year that ended February 3, 2019, calculate the following ratios
for the last two fiscal years and indicate whether they are getting
better or worse:
a) Current Ratio (x)
FYE 1/28/18
FYE...
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Refer to the following financial statements and answer the following questions hints:- 13. cash provided (used)...
Refer to the following financial statements
and answer the following questions
hints:-
13. cash provided (used) by operating activities, investing
activities, and financing activities. 14. cash-based net income.
15. estimate of uncollectible accounts receivable. 16. calculate
and interpret accounts receivable ratio (most recent and prior
period).
hints:-
2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead...
Required: 1. What is the amount of Apple’s accounts receivable as of September 30, 2017? 2....
Required:
1. What is the amount of Apple’s accounts
receivable as of September 30, 2017?
2. Compute Apple’s accounts receivable turnover as
of September 30, 2017.
3. How long does it take, on average, for
the company to collect receivables for fiscal year ended September
30, 2017?
4. Apple’s most liquid assets include (a)
cash and cash equivalents, (b) short-term marketable
securities, (c) accounts receivable, and (d)
inventory. Compute the percentage that these liquid assets (in
total) make up of...
I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this p...
I need Summary of this Paper i dont need long summary i need
What methodology they used , what is the purpose of this paper and
some conclusions and contributes of this paper. I need this for my
Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS
PLEASE !!!)
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Calculate 1. Return on assets, 2. profit margin, 3. working
capital, 4. current ratio, 5. current debt cash coverage, 6, debt
to total assets ratio, 7. cash debt coverage.
Financial statements INCOME STATEMENT For the year ended 30 June 2019 Consolidated RESTATED 2019 2018 $m $m Note 1 27,920 26,763 2 (16,344) (4,290) Continuing operations Revenue Expenses Raw materials and inventory Employee benefits expense Freight and other related expenses Occupancy-related expenses Depreciation and amortisation Impairment expenses Other expenses Total expenses...
1.
a)Net Working Capital
FYE 1/28/18
FYE 2/3/19
b)Net Operating Working Capital
FYE 1/28/18
FYE 2/3/19
c)After Tax Operating Income
FYE 1/28/18
FYE 2/3/19
d)Free Cash Flow
FYE 2/3/19
2.
Ratio Analysis
Based on the financial statements of Home Depot for the fiscal
year that ended February 3, 2019, calculate the following ratios
for the last two fiscal years and indicate whether they are getting
better or worse:
a) Current Ratio (x)
FYE 1/28/18
FYE...
Refer to the following financial statements
and answer the following questions
hints:-
13. cash provided (used) by operating activities, investing
activities, and financing activities. 14. cash-based net income.
15. estimate of uncollectible accounts receivable. 16. calculate
and interpret accounts receivable ratio (most recent and prior
period).
hints:-
2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead...
Required:
1. What is the amount of Apple’s accounts
receivable as of September 30, 2017?
2. Compute Apple’s accounts receivable turnover as
of September 30, 2017.
3. How long does it take, on average, for
the company to collect receivables for fiscal year ended September
30, 2017?
4. Apple’s most liquid assets include (a)
cash and cash equivalents, (b) short-term marketable
securities, (c) accounts receivable, and (d)
inventory. Compute the percentage that these liquid assets (in
total) make up of...
I need Summary of this Paper i dont need long summary i need
What methodology they used , what is the purpose of this paper and
some conclusions and contributes of this paper. I need this for my
Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS
PLEASE !!!)
Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...
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