User Account

All Pages

How much of the receipts is exempt

Assignment Help Accounting Basics
Reference no: EM133188039

Question - Jackie derived the following receipts from its transport operations:

Cargoes (outbound) - 560,000

Passengers (inbound) - 650,000

Cargoes by water (domestic) - 280,000

Passengers by land (domestic) - 820,000

Required - How much of the receipts is exempt assuming Jackie is a domestic carrier?

Reference no: EM133188039

Questions Cloud

Process of asset transformation performed by a financial : Process of asset transformation performed by a financial institution? Why does this process often lead to the creation of interest rate risk
Determine the company resources and capabilities : How can strategic alliances, joint ventures, and partnerships bolster a company's resources and capabilities? Why do they fail? How can they benefit companies d
Determine the ordinary share capital : Rainy Corporation was authorized at the beginning of 2020 with 300,000 authorized shares of P100, Determine the Ordinary Share Capital
How much is to be included in the available input vat : On December 2021, Jackie purchased a capital equipment for P1,600,000. It has a useful life of six years. How much is to be included in the available input VAT
How much of the receipts is exempt : Jackie derived the following receipts from its transport operations: Cargoes (outbound) - 560,000. How much of the receipts is exempt
How much is to be included in the deductions : Question - On December 2021, Jackie purchased a capital equipment for P1,600,000. How much is to be included in the deductions
What are the challenges an auditor may encounter : Question - What are the challenges an auditor may encounter during audit engagement and why? Name at least 3 and explain why
Calculate the current liability figure to be shown : The annual interest rate implicit in the lease was 7.93%. Calculate the current liability figure to be shown in CS's statement of financial position
Prepare the necessary journal entries to record transactions : Using the same information, except that the change is from fair value to amortized cost, prepare the necessary journal entries to record the transactions

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd