User Account

All Pages

How much tax is paid to tax authority

Assignment Help Accounting Basics
Reference no: EM132574810

Question - Ato Dejene Assefa is a shareholder of Merkato Company. He owned 300,000.00 shares of br.300.00 per values common Merkato Company declares and paid br.0.20 per share.

1. How much dividend paid to Ato Dejene?

2. How much tax is paid to tax authority?

3. How much money Ato Dejene receive after tax? Who is liable to pay tax the authority?

Reference no: EM132574810

Questions Cloud

What is the amount of legal capital and paid-in capital : How many shares of preferred stock and common stock have been issued? What is the amount of legal capital and paid-in capital
Notion of immigrant students : What Adam (1908)discusses about the public school community specifically the notion of immigrant students?
Consider music business as supply network : Consider the music business as a supply network. Create a diagram to show the supply network. Create a power point presentation:
Difference between summarizing and paraphrasing : Explain the difference between summarizing and paraphrasing.
How much tax is paid to tax authority : Ato Dejene Assefa is a shareholder of Merkato Company. How much tax is paid to tax authority. How much dividend paid to Ato Dejene
Connections between language system and skill : What are the connections between language system and skill?
Changing aspects of economics of the industries : What do you think are the changing aspects of the economics of the industries. What changes have the greatest impact?
What was the cash flow from investing activities : Loss of disposal of equipment ($0 proceeds from disposal) 18,000 and Sale of shares 125,000. What was the cash flow from investing activities
Identify five examples of the use of logos : Identify five examples of the use of logos, ethos, and pathos in the speech. First, cite specific lines from the speech.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute collegepak break-even point in sales

Compute CollegePak's break-even point in sales dollars for the year. Compute the firm's break-even point in sales dollars for the coming year

  About lawyers course of training

For this essay, the job I chose was a lawyer. This essay will discuss what you need to know to become a lawyer, their ethical codes, and an overview of a life in the day of a lawyer. I chose this job because I love to debate, and sometimes I am v..

  Prepare the adjusting entry to allocate any overhead

Prepare the adjusting entry to allocate any over_ or underapplied overhead to cost of goods sold

  Calculate the number of direct labor hours

During August, Jobs 549 and 550 were started. Job 547 was completed on August 17, and the client was billed at cost plus 30 percent.

  What journal entry is recorded for the sale

Assume the straight-line method is used, and the donut maker is sold on October 1, Year Three, for $7,100 in cash. What journal entry is recorded for the sale

  Primary bond portfolio management strategies

There are 5 primary bond portfolio management strategies: passive; laddering; indexing; immunization; and, active. Select one of these strategies and explain how it is used to effectively manage all or part of the portfolio.

  Answer the question at the end of each situation

During 2010, Maverick Inc. became involved in a tax dispute with the IRS. Maverick's attorneys have indicated that they believe it is probable that Maverick will lose this dispute.

  What is monterey average investment

Monterey Corporation is considering the purchase of a machine costing $52,000 with a 4-year useful life, what is Monterey's average investment

  Explain how financial leverage impacts the return on equity

Explain how financial leverage impacts the return on equity ratio.

  Calculate the selling price of each printout

Cameron purchased a new printing machine and started a small printing shop. Calculate the selling price of each printout

  List arguments both for and against a proposal

The primary system of measurement in the United States is the customary system. Among the units of measurement in the customary system are inches, feet.

  Which of the short term investments is the best alternative

Which of the short term investments is the best alternative?- Did taxes influence your decision?- Account for the difference between compounding and discounting

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