Which one of the following types of business organisation has to show taxation as a deduction from

Question:

Which one of the following types of business organisation has to show taxation as a deduction from its operating profit?

(a) Limited company

(b) Partnership

(c) Sole proprietorship

(d) Sole trader

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

See More Books

Question Posted: Jul 02, 2024 09:01 AM

See More Questions

Question 1.Which of the following plans provide the greatest immediate tax benefit for the participating employee? (1) Roth IRA (2) deductible IRA (3) non-deductible IRA (4) 401(k) a. (1) and (3)...
Are the following statements True or False? A general partnership must have at least 2 members with each having their potential financial loss in the partnership limited to their individual...
Question 1 The Jumbo Group restaurant chain launched its initial public offering (IPO) in October 2015. As a financial analyst of Tiger Investment Fund, your boss has requested for you to brief her...
I t was Swiss hotelier Csar Ritz, founder of the Parisian Htel Ritz back in 1898, who coined the familiar phrase the customer is always right. For the modern hospitality manager who must constantly...
Assume that you bought an interest rate cap on three- month LIBOR with a 2.50 percent strike rate. The current rate for three- month LIBOR is 2.28 percent. a. What will happen to the premium (value)...
A city maintains botanical gardens that contain valuable plants. Should these plants be considered collectibles, such as museum pieces, or infrastructure, such as parks?
(iii) Is there evidence of a three-way interaction among these factors? These data have also been analysed and interpreted by McDonald et al. (2001).
PEI Potatoes processes potatoes into potato cuts at its highly automated plant. For many years, it processed potatoes for only the retail consumer market where it had a superb reputation for quality....
* small description and design * no handwriting only computer 1 what is activity diagram? and draw activity diagram for student information system? 2 what is component diagram? and draw component...
A business sells an asset on 1 January for 12,000. The asset was bought exactly two years previously for 24,000 and depreciation was calculated over five years on the straight line method, assuming...
A company has opening inventory 6,900, closing inventory 7,800, purchases 33,650 and sales revenue 98,000 What is its gross profit? (a) 49,650 (b) 109,050 (c) 65,250 (d) 123,970
The Waylon Manufacturing Company adds a second direct material in Department 2 at the 40% stage of completion. The direct material increases the number of units in process. Conversion costs are...
Arrow Company processes a food seasoning powder through its Compounding and Packaging departments. In the Compounding Department, direct materials are added at the beginning of the process, and...
The 2017 financial statements of LVMH Moet Hennessey Louis Vuitton S.A. are presented in Appendix C at the end of this book. LVMH is a Paris-based holding company and one of the world's largest and...
Repeat Problem 10.E1, except design a packed column using 1-in. metal Pall rings. Do the calculations at the top of the column. Approximate HETP for ethanol-water is \(0.366 \mathrm{~m}\). At...
We are separating an ethanol-water mixture in a column operating at atmospheric pressure with a total condenser and a partial reboiler. Constant molal overflow (CMO) can be assumed, and reflux is a...
Corporate Social Responsibility Problem The Global Reporting Initiative (GRI) is a networkbased organization that has pioneered the development of the world's most widely used sustainability...
Define crowd sourcing and describe an example not already presented in the chapter.
Why is it important to understand the macro-environment when making decisions about an international retail venture?
An estimated 84 percent of enterprises now use cloud computing solutions involving multiple clouds, whereas less than 10 percent of large organizations employ just a single public cloud. Group of...
XYZ inc. was involved in a tax dispute with the national tax authority. The companys legal counsel estimates that there is a 75% likelihood that the company will lose the dispute and that the amount...
3 . Accounting.. How does depreciation impact financial statements, and what are the different methods of depreciation?

Which one of the following types of business organisation has to show taxation as a deduction from

Question:

Step by Step Answer:

Accounting And Finance For Business

Students also viewed these Business questions