Question 3 (a) The three rules of deductibility that a taxpayer must satisfy before a claim for deduction is given for tax purposes are to satisfy the general deduction test under [S 33(1) of the Income Tax Act 1967]. Under the general deduction test the business expenses have to fulfil all the following conditions in order to secure a deduction from the gross income of a business source: 1) it is revenue expenditure wholly and exclusively incurred in the production of income [S 33(1) Income Tax
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Financial Reporting and Analysis Mark Hendricks Financial Mathematics University of Chicago September 2011 Outline Financial Reporting Financial Analysis Hendricks‚ Financial Reporting and Analysis UChicago Financial Mathematics 2/55 Financial reporting Financial reporting is important for well-functioning markets. Investors need information to properly allocate capital and hedge risk. Regulators need good information to monitor fraudulently activity and systemic
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Present complex internal business information using three different methods appropriate to the user’s needs. * I am going to use is Samsung Galaxy S2. I will be describing: How the product is being marketed. How has it been marketed? What are the sales figures? How effective was the marketing? How does the business measure the effectiveness of its marketing? The Samsung Galaxy S II is a touch screen-based‚ slate-format Android Smartphone designed‚ developed‚ and marketed by Samsung
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BUILDING & ESTATE DEVELOPERS‚ LANDSCAPING & CONCRETE PRODUCT PRODUCERS BANKERS: DANGME RURAL BANK‚ PRAMPRAM P. O. BOX SK. 177 UNITED BANK FOR AFRICA‚ TEMA SAKUMONO-TEMA TEL: +233(0)24-3277194 +233(0)24-2163699 OUR REF.: …..………………… YOUR REF.: …………………… DATE:
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Benefits and Limitations of Organizational Development Benefits of OD •Change throughout the organization •Greater Motivation •Higher Job Satisfaction •Reduced absences •Increased Productivity •Lower turnover •Better quality of work •Improved teamwork •Better resolution of conflict •Commitment to Objectives •Increased willingness to change •Creation of learning individuals and groups Job satisfaction is the extent to which a person is gratified or fulfilled by his or her work. A satisfied
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Debt/Equity Ratio What Does Debt/Equity Ratio Mean? A measure of a company’s financial leverage calculated by dividing its total liabilities by its stockholders’ equity; it indicates what proportion of equity and debt the company is using to finance its assets. http://financial-dictionary.thefreedictionary.com/debt%2Fequity+ratio ’Debt/Equity Ratio’ A high debt/equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings
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Recommendation I recommend that proposal 2 should be chosen‚ because it has maximum profit. It also has the best margin of safety and contribution/sales ratio. In proposal 2‚ an additional product W is added to the mix. So the fixed cost is increased. Although the fixed cost is increased‚ the profit increases sharply. What is noteworthy is that breakeven point is the largest in the 3 situations. It means that the company should take longer time to reach the breakeven point. So the company many
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Ratio Analysis and Statement of Cash Flows Paper Operating Profitability When looking at the operating profitability of Collegiate Funding Service and H&R Block we will be comparing the 2004 and 2005 financial statements. In 2005 H&R Block made total revenue of $4‚420‚019. In 2004‚ H&R Block made total revenue of $4‚247‚880. Looking over the past couple of years it seems that H&R Block ’s revenue continues to increase each year. The majority of the revenue comes from H&R Block ’s tax services
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Receivables Turnover Estee Lauder – 7795.8/(746.2+853.3)/2 = 9.75 L’Oreal – 19495.8/(2685.3+2442.3)/2 = 7.6 Coverage Debt to Total Assets Estee Lauder – 1572.2+1798/5335.6 = 63.2% L’Oreal – 2596.6+6582.1/24044.5 = 38.2% Cash Debt Coverage Ratio Estee Lauder – 956.7/(3370.2+3512.6)/2 = 27.8% L’Oreal – 3303.6/(9178.7+9693.1)/2 = 35% Profitability measure a company’s ability to generate profits. The Return on Investment for Estee Lauder is larger than L’Oreal’s‚ meaning Estee Lauder is
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1) OUTLINE OF OUR TASK… In our first task we were asked to build a free standing tower as high as we could but it had to hold a small ball on the top. In my Team there was Rachel‚ Rob‚ Annabel‚ Beth and Myself. In this task we came 2nd out of the 3 groups but I do not believe we deserved this position. In this task I believe that we all jelled as a team and as a team we had good ideas but we could not execute these ideas. 2) TEAM MEMBERS STRENGTHS AND WEEKNESSES. On the board is a
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