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2 years ago

Briefly explain the weaknesses of the RSA's Industrial Development Zones?

Business

1 answer:

Leni [432]2 years ago

7 0

Revenue losses because of the various tax exemptions and incentives.
Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land bank for themselves.
The number of units applying for setting up EOU's is not commensurate to the number of applications for setting up SEZ's leading to a belief that this project may not match up to expectations.

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Packer Corporation’s year 8 income statement reported $130,000 in income before provisions for income taxes. To compute the prov

romanna [79]

Answer:

$127,000

Explanation:

Calculation for the amount to be reported as taxable income

Using formula

Taxable income=[Year 8 Income Statement + Rent received in advance -Income from exempt municipal bonds -(Depreciation deducted for income tax purposes-Depreciation deducted for financial reporting)]

Let plug in the formula

Taxable income=[$130,000+$ 22,000 -$ 17,000 -( $ 18,000 -$ 10,000 )]

Taxable income=$130,000+$ 22,000 -$ 17,000 -$8,000

Taxable income=$127,000

Therefore the amount that Packer should report as taxable income will be $127,000

5 0

3 years ago

"" On April 1, 2009, in the middle of a recession, the government of the province of Ontario, Canada increased the provincial mi

Digiron [165]

Answer:

Explanation:

The effect of this policy will lead to both the leftward shift in the labor demand curve and the higher minimum wage will

lead to an increase in the unemployment rate because once the minimum wage increases, firms will have to pay higher salaries and this will lead to higher costs and therefore firms will retrench employees

8 0

2 years ago

The ability to read, understand, and analyze accounting reports and financial statements is critical in understanding ______.

Pie

Answer:

business operations

Explanation:

7 0

1 year ago

Swifty Corporation has the following budgeted sales: January $30000, February $90000, and March $50000. 40% of the sales are for

klasskru [66]

Answer:

Total cash collection= $62,000

Explanation:

Giving the following information:

40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month.

Sales:

January $30000

February $90000

March $50000

<u>Cash collection March:</u>

Sales in account February= (90,000*0.6)*0.5= 27,000

Sales in account March= (50,000*0.6)*0.5= 15,000

Sales in cash March= (50,000*0.4)= 20,000

Total cash collection= $62,000

4 0

2 years ago

The top managers of Promedium Inc. are creating a master budget for the company. They require a statement of the budget goals fr

Anettt [7]

Answer:

The correct answer is budget slack.

Explanation:

Budget slack occurs in a company when one or more people with budgetary responsibility create a budget that overestimates expenses and / or underestimates projected income or income.

Intentional budget slack can occur because a manager feels under the weapon to "make their numbers", often in response to previous quarters where revenues fell below projections and, more importantly, did not meet expectations of the owners or shareholders.

4 0

2 years ago