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C= a+by, b= 0.8
what is the value of expenditure multiplies then
A farmers’ coop has 6000 ha available on which to plant maize and Bambara nuts. The following table summarises each crops requirements for fertilizer/herbicides, harvesting labour hours and the available amounts of these resources. Maize Bambara nuts Available resources Fertilizer/herbicide 9l/ha 3l/ha 40500l Harvesting labour 0.75hr/ha 1hr/ha 5250hr If the coops profits are N240/ha for maize and N$160/ha, using simplex method, how many ha of each crop should the coop plant i. To maximize profit (16) ii. How much is the profit
Jane earns an income of R10 000 a month and pays R1 500 towards income tax, and when her income increases to R24 000 a month, she now pays R4 200 towards income tax. This is an example of a
Why does government impose price ceiling and price floor on certain commodities ? Who are the beneficiaries of both.
STATEMENT OF CHANGES IN EQUITY
PRACTICE SET 27
- The Faulty Company has the following changes in equity items in year-end 2020.
- Kindly prepare the SCE of the company which is owned by Ms. Diosdado.
Beginning balance of OE ₱ 1,850,000
Comprehensive Income 50% of Owner’s Withdrawals
Ending balance of OE 150% of Comprehensive income
Investments by the owner (Diosdado, Capital) ?
Diosdado, Withdrawals 40% of beginning equity
STATEMENT OF CHANGES IN EQUITY
- The Multitude Company has the following changes in equity items in year-end 2020.
- Kindly prepare the SCE of the company which is owned by Ms. Alilio.
Beginning balance of OE ₱ 1,850,000
Comprehensive Income ?
Ending balance of OE 690,000
Investments by the owner (Alilio, Capital) 2,560,000
Alilio, Withdrawals 3,000,000
STATEMENT OF CHANGES IN EQUITY
- The Multitude Company has the following changes in equity items in year-end 2020.
- Kindly prepare the SCE of the company which is owned by Ms. Alilio.
Beginning balance of OE ₱ 1,850,000
Comprehensive Income ?
Ending balance of OE 690,000
Investments by the owner (Alilio, Capital) 2,560,000
Alilio, Withdrawals 3,000,000
STATEMENT OF COMPREHENSIVE INCOME
a. COGS (Cost of Good Sold)
b. NET INCOME
C. COMPREHENSIVE INCOME
1. The Swift Company presented the balances of each income and expense account and you are tasked to make its expanded income statement for the year ended 2020.
2. Always apply the income tax expense as 25% of operating profit.
Gross Sales = ₱ 3,822,300
Sales Returns= ₱ 219,700
Gross Purchases = ₱ 1,000,000
Purchase Discounts = ₱ 180,000
Beginning Inventories = ₱ 920,500
Ending Inventories = ₱ 450,800
Distribution Expenses = ₱ 760,200
Administrative Expenses = ₱ 440,900
Other Comprehensive Income = ₱ 210,000
