Previous Year: Income earned in a year (Previous year) is taxable in the next year (Assessment Year). Income earned during the previous year (PY) 2011-12 is taxable in the Assessment year (AY) 2012-13. From the AY 1989-90 onwards‚ all assesses are required to follow the financial year April 1 to March 31 as previous year for all sources of income. PY in case of Newly set-up Business/Profession: • From the date of setting up/ new source of income comes into existence to March 31 which is 12
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influential figure in the Latina community. In addition to her busy career‚ Shakira along with other international groups and individuals created the Pies Descalzos Foundation. The Pies Descalzos is a Colombian charity with special schools for poor children all around Colombia. The name of the foundation was named and taken from Shakira’s third studio album called “Pies Descalzos”‚ which was released in 1995. Through out her career‚ Shakira has performed in many benefit concerts‚ she’s sang at a Party in the
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sometimes for days‚ after a recall(Mills‚2010). An example of this involved ConAgra Foods which makes Banquet pot pies(Mills‚2010). During the fall of 2007‚ several cases of salmonella poisoning led ConAgra to issue a recall of the pies(Mills‚2010). But Kenneth Maxwell and his wife failed to hear about it and purchased several pot pies two weeks after the recall(Mills‚2010). They ate some of the pies and became sick. This illustrates that food recalls do not
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Start-up Sample Business Plan Table of Contents 1.0 Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.1 Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2 Mission and Vision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.3 Keys to Success
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the price of Y must be Response: 40 * Edit Question 5 Let I be the income of the consumer‚ Px be the price of good x and Py be the price of good y. If good is measured along the horizontal axis and good is measured along the vertical axis‚ then the “ -intercept” measures the maximum amount of good that the consumer can afford‚ which can be expressed as Response: Px/Py * Edit Question 6 Suppose a consumer has an income equal to I which he/she spends on either food or clothing. The price of
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multiplied by income and that number is then divided by the velocity (or the number of times per year a dollar turns over). The equation would look like this: M = PY / V The relationship between money supply (M ) and nominal GDP (PY)‚ should be looked at as either PY is a function of M (or M ) or that Ms is a function of PY. Combining these we can find the M by making M a function of P and Y. Of course I will try to use the other economists and other literature sources to prove this hypotheses
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variables? Independent Variable: I will change the amounts of corn syrup and sugar that will go into the marshmallow mixture. Dependent Variable: This will be how the different amounts of corn syrup and sugar will change the density of the marshmallow “pies”. Controlling Variable: The temperature of the stove to “cook” the marshmallow solution stays the
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inferior good | A utility-maximising consumer changes their expenditures until Question 2 answers | | MUX = MUY for all pairs of goods / | | | TUX/PX = TUY/PY for all pairs of goods / | | | MUX/MUY = PX/PY for all pairs of goods/ | | | PX (MUX) = PY(MUY) for all pairs of goods | The difference between the maximum amount a person is willing to pay for a good and its current market price is known as Question 4 answers |
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variety of pies and cakes‚ and were sold to the general public and local restaurants. To operation was initially started as a hobby by Elizabeth and a group of her friends. Many of the recipes they used had been passed down for generations in their families. The small production and sales facility was housed in a mixed commercial and residential area on the first floor of “Biddy’s” home. Elizabeth “Biddy” and three of her friends worked in the facility from 6 am to 2 pm making and selling the pies. The
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Mississippi Mud Pies‚ Inc. needs to buy 1‚000‚000 Swiss francs (CHF) to pay its Swiss chocolate supplier. Its banker quotes bid–ask rates of CHF1.3990–1.4000/USD. What will be the dollar cost of the CHF1‚000‚000? Answer: The bank’s bid rate is CHF1.3990/$. That is the price at which the bank is willing to buy $1 in return for CHF1.3990. The bank sells dollars at its ask price CHF1.4000/$. Mississippi Mud Pies must sell dollars to the bank to buy CHF. Therefore Mississippi Mud Pies will receive the
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