following operations with the variables a‚ b‚ and c. a. Adds 2 to a and stores the result in b Set b= 2 +a b. Multiplies b times 4 and stores the result in a set a= b*4 c. Divides a by 3.14 and stores the result in b set b= 3.14/b d. Subtracts 8 from b and stored the result in a set a= b-8 4. Assume the variables result‚ w‚x‚ y‚ and z are all integers‚ and that w= 5‚ x= 4‚ y=8 and z=2. What will the values be stored in result in each of the following statements? a. set result= x+y= 4+8 b
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(Contact; 2007). By this‚ Tax administrations can mobilize financial resources in order to secure the provision of public services such as education‚ infrastructure‚ health services‚ or social protection. This is to say that revenue administrations occupy a pivotal position in the mobilization of domestic financial resources (Contact; 2007). But over the years‚ many developing countries lack an efficient tax collection system‚ leaving in some cases more than 60% of the tax potential untapped. In these
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THE INSTITUTE OF ACCOUNTANCY ARUSHA (IAA) RESEARCH REPORT TOPIC: THE TAX REFORM AND DOMESTIC REVENUE MOBILIZATION IN TANZANIA PREPARED BY: MSECHU AISHA R ADA III: 2007-2008 SUPERVISED BY: JEREMIAH ELIAH RESEARCH REPORT SUBMITED TO THE INSTITUTE OF ACCOUNTANCY ARUSHA IN PERTIAL FULLFILLMENT OF THE AWARD OF ADVANCE DIPLOMA IN ACCOUNTANCY (ADA) Declaration ------------------------------------------------------------------------ i Acknowledgement-------
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Question 1 - Land Sales (a) Mr and Mrs Fry are not liable for under CB 6 as the land was acquired with the intention that the family would spend weekends there. Under CB 7(2) r liable for as it exclusion under Cb 16 because it is a holiday home of Mr and Mrs Fry therefore it is residential home. (b) * Whether or not Mr and Mrs Laurie will constitute “income” for the sale of sub-divided land under CB 6 – 23 of ITA 2007? * The total land that is on sale is 3500m2 and Somerfield Suburbs
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subtracting expenses from revenues. As simple as this may seem‚ there are many complexities that arise when trying to implement this concept. For example‚ there are many activities and events that must take place to generate revenues. The accountant adopts the procedure of recognizing revenues at the time a certain critical event takes place. The sales (or accrual) basis is the most widely used method for recognizing revenues. Revenues are assumed to be earned at the time the sale is made‚ even though
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part (a) What is elasticity? The term elasticity is defined as a way to measure how responsive doe’s quantity demanded or quantity demanded towards its determinants (Mankiw‚ 2008). In this world today‚ every government need revenue or income in order to increase the welfare of citizens and improve the country itself. One of the ways that government use in order to increase their revenue is by taxation. To do so‚ government needs to impose taxes on goods and services. If tax is imposed on a certain
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ELASTICITY It shows the degree of responsiveness of the change in the one variable due to the change in the quantity of the other variable. Elasticity = Percentage change in the one variable Percentage change in the other variable It is simply a way of quantifying cause of and effect relationship. The concept of elasticity can be used in demand and supply. ELASTICITY OF DEMAND We can study the elasticity of demand under the following categories. Price elasticity
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Transport Demands and Elasticities How Prices and Other Factors Affect Travel Behavior 12 March 2013 Todd Litman Victoria Transport Policy Institute Abstract Transport demand refers to the amount and type of travel that people would choose under specific conditions. This report describes concepts related to transport demand‚ investigates the influence that factors such as prices and service quality have on travel activity‚ and how these impacts can be measured using elasticity values. It summarizes
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IN THIS CHAPTER YOU WILL . . . Learn the meaning of the elasticity of demand Examine what determines the elasticity of demand Learn the meaning of the elasticity of supply ELASTICITY ITS AND A P P L I C AT I O N Imagine yourself as a Kansas wheat farmer. Because you earn all your income from selling wheat‚ you devote much effort to making your land as productive as it can be. You monitor weather and soil conditions‚ check your fields for pests and disease‚ and study the latest
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Relationships of Changes in Price‚ Price Elasticity and Total Revenue 1. By definition‚ total revenue (TR) is obtained by multiplying quantity demanded of a product (Qx) by price (Px)‚ that is‚ TR = Qx Px. (1) In class‚ by taking the derivative of the above total revenue equation with respect to price (dTR/dPx)‚ we obtain the following general functional relation: dTR/dPx = Qx (1 + Ep) (2). In Equation (2)‚ Ep represents the price elasticity of demand. Since Ep is always
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