Answer: $60,432
Explanation:
The equipment can be sold for $5,640 yet the book value is $4,620. The gain is therefore;
= 5,640 - 4,620
= $1,020
After tax cashflow from sale
= Sales price - tax on gain
= 5,640 - (1,020 * 40%)
= $5,232
Cash-flow in 4th year = Annual Cash flow + after-tax cash-flow from sales + net working capital recovered
= 51,000 + 5,232 + 4,200
= $60,432
Profit can be used to pay higher wages to owners and workers. ...
Profit can be used to invest in research & development. ...
Profit enables the firm to build up savings, which could help the firm survive an economic downturn.
Answer:
No, a reversal of a ruling shall not be given a retroactive application if it will be prejudicial to the taxpayer.
Explanation:
Based on the information provided it can be said that No, a reversal of a ruling shall not be given a retroactive application if it will be prejudicial to the taxpayer. Meaning that the BIR can not assess ABC Printers for back taxes because ABC Printers was following the rulings made by BIR at that time correctly, the change in ruling applies to taxes only after the change has been made and not before. Therefore as long as ABC Printers begins paying taxes now, then the BIR has no standing.
The purpose of this question is to:
1) Assess the personal values of the individual.
2) Assess the interviewee's command of language.
3) Assess if the interviewee is witty enough to answer the questions.
4) Assess if the interviewee is able to carry himself well to impress.
Hope this helps you.
Answer:
Explanation:more expensive/increases/less expensive/decreases