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For the 3 year ending December 31,2014 through December 31, 2016. a corporation combines a federal and provincial tax payable is as follows: in 2014 the net income tax was $153640, in 2015 it was $186540 and in 2016 its expected to be $186540.Based on this information,
Problem 1: calculate the amount of instalment if any is required for the following cases:
(a) small corporation(small CPCC)(b) large corporation(large CPCC)(c) small corporation assume the combined federal and provincial taxes payable for the year ending December 31 2015 were $163420 instead of $186540.
Dividend income from taxable Canadian corporations 22,500. Find the company's non-capital loss for income tax purposes for 2018
During the period Moseley produced 160,000 units and sold 80,000 units. Selling price is $10/unit. There was no beginning or ending WIP inventory.
Question - If the contribution margin ratio is 0.45, how much sales revenue must be earned to get a Profit after tax of $85,000
Indicate (by letter) the way each of the items listed below should be reported in a balance sheet at December 31, 2011.
In July, Meers Corporation sold 3,700 units of its only product. Construct the company's contribution format income statement for July
Indicate which is used to record an increase in each type of account, and state whether the normal account balance is a debit or a credit.
Why is it important to track investment property, plant, and equipment? Why is this important for decision making purposes?
Give the formulas under the direct method for computing(a) Cash receipts from customers and (b) Cash payments to suppliers.
How does it relate an artwork using hobby motors and/or "found" moving electronic (battery operated) objects such as toys,fans etc and attach them to each other
assume that logan company uses a periodic inventory system and has these account balances purchases 404000 purchase
1. a purchase of new equipment on a note payable under the direct method would be reported a. as a separate disclosure
Compare the values of ending inventory and cost of goods sold that result from using the three different methods
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