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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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Antonio lives in New York City and runs a business that sells guitars. In an average year, he receives $723,000 from selling gui

dexar [7]

Answer:

566677

Explanation:

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3 years ago

Select the correct answer.

ikadub [295]

Answer:

B. product distribution franchise

Explanation:

In this scenario, George runs a small retail business and sells brands (products) that another business manufactures. George's retail store uses the logos and trademarks of that business to attract customers by acting as a dealer on behalf of the manufacturing business.

Hence, the type of franchise model that George's retail business follow is a product distribution franchise.

A product distribution franchise can be defined as a supplier-dealer business relationship in which a dealer (franchisee) is granted a license by the manufacturer (franchisor) to sell and distribute their products.

In this type of franchise, the dealer (franchisee) is only granted the license to use just the logos and trademarks of the manufacturer (franchisor) but not the framework (system) for the establishment and operations of the business.

<em>Some examples of a product distribution franchise is Fords motors, Coca-Cola, mobile homes, Guiness etc. </em>

8 0

3 years ago

Presented below is information from Headland Computers Incorporated.

Fittoniya [83]

Omitted question-- Prepare the necessary journal entries for Headland computers

Answer: Please see answers below

Explanation:

Journal to record sales revenue

Date Account and explanation Debit Credit

July 1st Account receivables $22,600

Sales Revenue $22,600

Journal to record allowances for sales returns

July 1st Sales returns and allowances $1,334

Allowances for sales return and allowances $1,334

Journal to record receipt of cash from Robertson within discount period

July 10 Cash $21,922

Sales discount $678

Account receivables $22,600

Calculation

Discount = 22,600 x 3%= $678

Cash = $22,600 - $678= $21,922

Journal to record sales revenue

July 1`7 Account receivables $256,100

Sales revenue $256,100

Journal to record receipt of cash from Clark within discount period

July 30 Cash $250,978

Sales discount $5,122

Account receivables $256,100

Calculation

Discount = 256,100 x 2%= $5,122

Cash = $256,100 -$5,122= $250,978

8 0

3 years ago

The economic order quantity (EOQ) of Dennis Co.’s only product is 100 units per month. When developing the budget for the next y

Feliz [49]

Answer:

5,500 units

Explanation:

Use the economic order quantity (EOQ) formula to calculate the estimated annual demand

EOQ = $\sqrt{\frac{2DS}{H} }$

Where

EOQ = 100 units

S = Oerdering cost = $30

H = Carrying cost per unit = $15

D = Annua Demand = ?

Placing values in the formula

100 units = $\sqrt{\frac{2D (30) }{15} }$

Taking Square on both sides

$100^{2}$ = $(\sqrt{\frac{2D (30) }{15} })^{2}$

10,000 = $\frac{2D (30) }{15} }$

10,000 = $\frac{60D }{15} }$

10,000 = 4D

D = 10,000 / 4

D = 2,500 units

Now calculate the estimated annual demand

Estimated annual demand = Annual Demand + Expected Increase in next month = 2,500 units + 3,000 units = 5,500 units

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3 years ago

If the existing product is being sold to teenagers in one country and new entry involves selling the existing product to teenage

kap26 [50]

It is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.

<h3>What is a new product use?</h3>

A new product use refers to the first usage of a new product by customers anywhere in the world. A new product is also new even to the company that sells it.

But if the company had acquired some selling experience about the product in one country, it is not a new product use when it sells the product in a new country.

Thus, it is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.

Learn more about new products development at brainly.com/question/6786480

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2 years ago