Answer:
<em>Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax. For the assessment year 2014-15, domestic companies are taxed at the rate of 30%.</em>
Explanation:
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<em>I </em><em>hope</em><em> this</em><em> helps</em><em>!</em></h3>
The selling price given as = $ 15
The cost per CD is = $ 11
The total profit = Selling price - Cost
Total profit per CD = $ 15 - $ 11
Total profit per CD = $ 4
The markup on selling price is calculated as - Total profit ÷ Selling price × 100
Markup on selling price = $ 4 ÷ $ 15 × 100 =26.6666 % or 27 %.
ANSWER:D
EXPLANATION:it puts the word out in public
Answer:
The answer is:
Disagree
The matching principle is violated
Explanation:
The order of a customer worth $40, 000 was received at year end. However, the merchandise will only ship in the year following the fiscal year. When goods are shipped, revenue is recognised on shipping the goods or receipt of the goods by the customer. According to the information provided, merchandise will only be shipped in 2021, therefore the customer will only receive the goods in 2021. Given this information, recognising revenue in the current period would be an incorrect treatment of the transaction and contravene the matching principle. This principle indicates that revenue and the costs associated with the revenue should be recognised in the same period.
The sale should not be recognised in 2020 because the goods' delivery and the costs incurred in delivering those goods will only be incurred in 2021. No indicated payment, cash or otherwise, was received in lieu of this transaction. Recognising this sale in the income statement and the associated asset in the statement of financial position could be misconstrued as an attempted enhancement of Pastel Inc.'s financial position for the 2020 fiscal year end.
Answer:
12. When computer professionals take on jobs, they may not enter into relationships with the:
d) society
13. This does not come under the category of strongly differentiated profession:
c) policeman
14. This is not a characteristics of a profession:
d) happiness
15. This is a mutual right duty of employer and employee:
b) Work well done
Explanation:
There is no obvious relationship between a computer professional and the society. While the computing profession is differentiated like a doctor's and an engineer's, the profession of a policeman is not so differentiated. Any of these professionals can also work as policeman. Every profession is known for its specific knowledge, code of ethics, and autonomy, among other characteristics.