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The chairman who works for a company in the private sector receives a monthly basic salary of L.E. 10,000 (of which L.E. 150 special increment). In addition, he receives L.E. 1000 per month as work nature allowance, L.E. 2000 per month as travel allowance to meet actual expenses, LE. 100 per month as social increment, L.E. 5000 per year as representation allowance and L.E. 1200 per year as special increment not added to the basic salary.
Question 1: The total amounts exempted by special laws are:
A. 9200
B. 4200
C. 6200
preparing a flexible budget for manufacturing costs.armstrong helmet company manufactures a unique model of bicycle
What does this analysis tell you about the overall profitability of Accent Company over the 5-year period? What does this analysis tell you about what has happened to Accent's amount of debt over the past 5 years?
Prepare a vertical analysis (1 year) of the income statement above and a horizontal analysis (2 years) of the balance sheet.
CFO's office of Hawkesworth Inc. Your first task is to estimate the Year 1 cash flow for a project with the following data. What is the Year 1 cash flow?
At the end of 2017, Marigold Company has accounts receivable of $862,800 and an allowance for doubtful accounts of $42,100. On January 16, 2018, Marigold Company determined that its receivable from Ramirez Company of $6,430 will not be collected, and..
Haskins Inc. reported the following 2017 income statement. Assume that the 2017 percentage relation of expenses to total revenue continue
Prepare the appropriate entries for Winn Heat Transfer from the inception of the lease through the end of 2016. Winn's fiscal year is the calendar year.
Calculate the sunk cost of the project. (Enter a positive value and round to the nearest dollar)
Make the general journal entry to record the employer's contributions to the employees' superannuation fund at the rate of 12% of gross payroll
On January 1, a company borrowed cash by issuing a $300,000, 5% installment note to be paid in three payments at the end of each year beginning December 31. What would be the amount of each installment? pare the journal entry for the second installme..
How would you depreciate the new stadium and develop a depreciation schedule for your chosen method and explain your rationale. Assume a useful life of 40 years and no salvage value.
Compute division of net income with a salary allowance and fixed ratios. MPC Co. reports net income of $45,000. Partner salary allowances are Mark $15,000, Paul $5,000, and Chris $5,000. Indicate the division of net income to each partner, assuming t..
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