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2 years ago

How does the tax rate of woolworths compare to other forms of property

1 answer:

3 0

For the quarter ending December 2021, Woolworths Group's tax rate was 27.15%. See other financial metrics below.

<h3>What is the significance of tax rate?</h3>

Taxation not only pays for public goods and services; it also plays an important role in the social compact that exists between citizens (corporate and individual) and the economy.

The manner in which taxes are collected and spent may define a government's very legitimacy.

When very big corporations such as Woolworth are involved, they are also evaluated on their commitment to tax payment.

<h3>What is the Asset Value of Woolworth Holdings as at December 2021?</h3>

The Asset Value of Woolworth Holdings as at December 2021 was valued at about 59 Billion Dollars. In the same year, it's net income was valued at about 4.2 Billion Dollars.

Her EBDITDA - Earnings before interest, taxes, depreciation, and amortization was computed to have grown by 11.59 Billion dollars.

Hence, this tells us that after satisfying it's corporate fiscal responsibility (tax payment), Woolworth remained profitable. To the tune of 4.2 billion dollars.

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To avoid channel conflict resulting from Internet selling, a company should Multiple choice question. charge prices for online d

lesya [120]

Answer:

work with dealers to design an online sales portal that benefits both partners.

Explanation:

e-commerce is a short for electronic commerce and it can be defined as a marketing strategy that deals with meeting the needs of consumers, by selling products or services to the consumers over the internet.

This ultimately implies that, e-commerce is strictly based on the buying and selling of goods or services electronically, over the internet or through a digital platform. Also, the payment for such goods or services are typically done over the internet such as online payment services.

Simply stated, e-commerce is the act of engaging in internet selling.

In order to avoid channel conflict resulting from Internet selling, a company should work with dealers to design an online sales portal that benefits both partners i.e the online portal would focus on bridging the gap between the producer (company) and the consumers, as well as balancing the demand and supply of goods and services.

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3 years ago

Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a

MArishka [77]

Answer:

1. The Bad debt expense for 2013 is $67,500

2. The amount of accounts receivable written off during 2013 is $69,500

3. If the company uses the direct write-off method, the bad debt expense for 2013 would be $69,500

Explanation:

1. In order toCalculate the bad debt expense for 2013 we would have to make the following calculation:

Bad debt expense=1.5% of Net Credit Sales

=1.5%×$4,500,000

=$67,500

The Bad debt expense for 2013 is $67,500

2. In order to Determine the amount of accounts receivable written off during 2013 we would have to make the following calculation:

amount of accounts receivable written off=$42,000+$67,500-$40,000

amount of accounts receivable written off=$69,500

The amount of accounts receivable written off during 2013 is $69,500

3. Using direct write off method, the bad debt expense is recognized only when the actual bad debt is incurred. The actual bad expense would be the amount of accounts receivable written off during the year. Accounts receivable written off during the year would be same in both the methods.

Thus, the bad debt expense for the year 2013 would be $69,500.

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4 years ago

The following data represent quantities of tea leaf pluckings (tender shoots from tea plants) from sixteen different plots of te

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Answer:

Explanation:

1) $H_0$ : All group means equal or $\mu _1=\mu _2=\mu _3=\mu _4$

$H_1:\mu 1=\mu 2=\mu 3\neq \mu 4$

At least one of the treatment group means are different

ANOVA TABLE

<u>Source of Variation SS df MS F P-value F crit </u>

Between Groups 213.5 3 71.16667 0.65 0.5975 3.490295

Within Groups 1312.5 12 109.375

MSB = SSB / DFB = 71.16667

MSE = SSE / DFE = 109.375

F = MSB / MSE = 0.650667

3) P-value: 0.597576

The test statistic is not significant and failed to reject the null hypothesis.

4) The test statistic is not significant. So, there is no evidence to conclude that there is a difference between groups.

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3 years ago

What is the most important reason financial information is provided by the major regulatory agencies to investors, depositors, a

sergij07 [2.7K]

Answer:

d. to make informed decisions about Banks and their financial condition.

Explanation:

Financial regulatory agencies are saddled with the responsibility of providing financial supervision and regulations to Banks and financial institutions. They also maintain integrity in the financial system inorder to boost the confidence of investors, creditors, depositors and the general public.

However, one of the major reasons why financial information is provided by the regulatory agencies to investor, creditors and depositors is to make informed decisions about Banks and their financial conditions.

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3 years ago

All competitive advantages have:________1. a limited life. 2. unrestricted sustainability. 3. protections against imitability. 4

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The answer is the ability to earn above average returns indefinitely

Explanation:

To earn above the average returns are form of returns in excess of what an investor expects to earn from other investments with similar amount of risk. This gives an ability to manufactures to produce at the lowest cost, which is an advantage to organizations.

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3 years ago

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