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Question - The liability section of the statement of financial position of ABC Co. on December 31, 2020 showed: Share dividends declared but not yet paid - P50,000; Dividends in arrears on preference shares - P25,000; Income tax withheld - P1,500; Deferred income tax payable P10,000; Accounts payable, net of P5,000 debit balance in two supplier's account -P55,000; Bank overdraft with Metro Bank -P12,000; and Mortgage loans incurred in 2020 payable in ten annual installments starting July 1, 2021 - P500,000. At what amount should the total current liabilities be shown?
a. 18.5k
b. 653.5k
c. 123.5k
d. 173.5k
There are no temporary differences other than those created by income tax losses. What is the amount of refund that will be claimed
Cleanville Environmental Services is evaluating two alternative methods for the disposing of municipal waste. The first involves developing a landfill site near the city. Costs of the site include $1 000 000 start-up costs, $100 000 closedown costs 3..
Sells at a price of $1,075, and has a par value of $1,000. If the firm's tax rate is 25%, what is the component cost of debt for use in the WACC calculation?
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Which one of the following is an example of a deferred revenue?
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You have made a major promise to one day owning an $1,936,405 vacation home. You want to buy the home in 16 years how much must you invest today?
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