Answer:
However, the economy has been characterised by a structural shift in output over the past four decades.
Since the early 1990s, economic growth has been driven mainly by the tertiary sector – which includes wholesale and retail trade, tourism and communications. Now South Africa is moving towards becoming a knowledge-based economy, with a greater focus on technology, e-commerce and financial and other services.
Among the key sectors that contribute to the gross domestic product and keep the economic engine running are manufacturing, retail, financial services, communications, mining, agriculture and tourism.
Explanation:
South Africa’s economy has traditionally been in the primary sectors – the result of a wealth of mineral resources and favourable agricultural conditions.
The answer is b) white or light colored
Answer:
- after-tax average annual return = 14.41%
- after tax dividends per year = $38.88
Explanation:
initial investment = 30 shares x $72.49 per share = $2,174.70
- dividends received per year = 30 shares x $0.36 x 4 (dividends paid every quarter) = $43.20
after tax dividends per year = $43.20 x 90% = $38.88
- long term capital gains = (30 shares x $183 per share) - initial investment = $5,490 - $2,174.70 = $3,315.30
taxes on long term capital gains = $3,315.30 x 10% = $331.53
To calculate Mason and Kirsty's after tax average annual return (interest rate) we can use the excel spreadsheet =RATE function, where:
- PV = -2174.70
- FV = 5490 - 331.53 = 5158.47
- Pmt = 38.88
- Nper = 7
=RATE (nper, pmt, pv, [fv])
=RATE (7,38.88,-2174.70,5158.47) = 14.41%
Answer:
1. Factory supervisory salaries <u><em>Production Cost</em></u> Factory Overhead
2. Sales commissions Period Cost Selling expense
3. Income tax expense Period Cost tax expense
4. Indirect materials used <u><em>Production Cost</em></u> Factory Overhead
5. Indirect labor <u><em>Production Cost </em></u>Factory Overhead
6. Office salaries expense Period Cost Administrative expense
7. Property taxes on factory building <em><u>Production Cost</u></em><em> </em>Factory Overhead
8. Sales manager's salary Period Cost Selling expense
9. Factory wages expense <em><u>Production Cost </u></em>Direct Labor
10. Direct materials used <em><u>Production Cost</u></em> Direct Materials
Explanation:
A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets
Period cost goes straight to expense account
While
Production Cost do capitalizes through Inventory and later recognize as cost of goods sold.
Because the government is out of money so they decide to take it from others