Wallis company owes a VAT of $9,337,500
The given question is about finding out VAT.
Wallis Company had manufactured 8. 3 million boards.
Therefore,
The quantity sold = 8.3 million = 8,300,000
The labor and overhead added $1 to the cost per unit. Whereas the net profit is $7. 50 per unit for a net profit of $1. 50 per unit.
Total Sales Value= Sales Quantity x Selling price per unit
= 8,300,000 x 7.50
= 62,250,000
Finding out the amount of VAT ( Being the Vat% imposed as 15%)
VAT amount = Sales value x VAT Rate
= 62,250,000 x 15%
= 62,250,000 x 15/100
= 62,2500 x 15
= 9,337,500
Wallis company owes a VAT of $9,337,500
Read more about VAT on:
brainly.com/question/28295269
#SPJ4
Answer:
The correct answer is A.
Explanation:
Giving the following information:
In 2014, the Italian adult non-institutionalized population was 38.8 million, the labor force was 25.4 million, and the number of people employed was 22 million.
Labor force= 25.4/38.8= 65.5%
Unemployment rate= 3.4/25.4= 13.4%
Answer:
yea we dont care ab brainly feelings here (◔_◔)
Explanation:
Answer:
management believes the future earnings of the firm will be strong
Explanation:
The information content with respect to the regular dividend would be increase when the company would have a greater amount of earnings in near future and they try to give the greater amount of dividend to the shareholders. This represent the management would trust that the earnings of the future of the firm would be strong
Hence, the last option is correct