How much tax is paid to tax authority

Assignment Help Accounting Basics
Reference no: EM132614702

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: EM132614702

Questions Cloud

Explain what allergy is and name types of allergies : Explain what an allergy is and name types of allergies. Provide at least one example of a food service operation's strategy related to allergies.
Calculate the dollar value of capital required : Given its risk weight is 50% and credit conversion factor is 100%. Calculate the dollar value of capital required under the capital adequacy requirement
Supply chain careers : Choosing a career path can help you set professional goals and achieve desired results.
How the educational project will be structured : Fast forward to 2021. The school has assigned you the task of developing an ATOD education presentation for parents of middle school-age children living.
How much tax is paid to tax authority : Ato Dejene Assefa is a shareholder of Merkato Company. He owned 300,000.00 shares of br.300.00 per values common. How much tax is paid to tax authority
Contribute to collaborative and innovative environment : How does the diversity group contribute to a collaborative and innovative environment?
Which one of the factors does not affect the direct cost : Which one of the factors does NOT affect the direct / indirect cost classification? Which are problems frequently encountered in data collection?
Make a Realfood Co bank reconciliation as of July : Tax expense on July bank interest income is $ 7.50. Make a Realfood Co. bank reconciliation, as of July 31, 2020 along with the required journals
Describe the purpose of advocacy when working with clients : Describe the purpose of advocacy when working with clients. Analyze how advocacy specifically relates to children and their families.

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.

  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!

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