FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

23. Calculate the charges on a R35 000 share purchase: Stockbroker's basic charge R20 Brokerage fee (about 1,25% of value of transaction) Uncertified Securities Tax

image text in transcribed

23. Calculate the charges on a R35 000 share purchase: Stockbroker's basic charge R20 Brokerage fee (about 1,25\% of value of transaction) Uncertified Securities Tax (0,25% on purchase) Insurance R0.19 Settlement fee (STRATE) R10.92 VAT TOTAL COSTS R

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ACCA Approved Study Text P7 Advanced Audit And Assurance

ACCA Approved Study Text P7 Advanced Audit And Assurance

Authors: BPP

1st Edition

1472744349, 978-1472744340

More Books

Students also viewed these Accounting questions

Question

★★★★★
Data for Cheaney Company are presented in P13-7A. Further analysis reveals the following. 1. Accounts payable pertain to merchandise suppliers. 2. All operating expenses except for depreciation were...

Answered: 1 week ago

Question

★★★★★
According to data from the U.S. Department of Agriculture's National Agricultural Statistics Service, 124 million acres of land in the United States were used for wheat or corn farming in 2004. Of...

Answered: 1 week ago

Question

★★★★★
People concerned about the psychology of women have emphasized that the discipline should include more multicultural research. What are some problems that can arise when researchers use traditional...

Answered: 1 week ago

Question

★★★★★
Bennett Builders builds 1,500- square- foot starter tract homes in the fast- growing suburbs of Chicago. Land and labor are cheap, and competition among developers is fierce. The homes are cookie-...

Answered: 1 week ago

Question

★★★★★
Current Attempt in Progress Sunland Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce botte to retalien who charge customers 75 cents per...

Answered: 1 week ago

Question

★★★★★
Laura is a new employee to ABC Pty Ltd and she would like to know the difference between liquidity and marketability is that: A. The securities are easier to trade B. The securities can be converted...

Answered: 1 week ago

Question

★★★★★
This week, your assignment is to create a crisis management plan for either your organization or for Dalton, Walton, and Carlton, Inc. When constructing your plan, think about what needs to be done...

Answered: 1 week ago

Question

★★★★★
1) An altimeter is a device that measures the height of a plane above the ground. It works based on air pressure according to the formula h = 18400log where h is the height above the ground in...

Answered: 1 week ago

Question

★★★★★
Lets put on our trainer hats and compose a brief training script on critical concepts in legal and ethical issues in the workplace. Select 1 of the following questions. Make sure you define your...

Answered: 1 week ago

Question

★★★★★
Consider the following series (i) Show that the series converges if (a, b), where a = = (ii) For any I in the above interval the sum of the series is 00 (2x+3)" n=2 2n+1

Answered: 1 week ago

Question

★★★★★
1. If a generator costing $300k is installed in a factory and the cost of preparing the site is $100k, what would be the QE (qualifying expenditure) for the factory? Korea Manufacturing purchased a...

Answered: 1 week ago

Question

★★★★★
Determine how you will monitor and report progress toward your groups goals. Will the group hold a weekly status meeting? Will members circulate daily e-mails to update one another?

Answered: 1 week ago

Question

★★★★★
A How important is it to have all the players on a team speak the same language? Would having a single language policy increase group cohesion? What might the downsides of such a policy be?

Answered: 1 week ago

Question

★★★★★
Identify the resources your group will need to accomplish its goals. Include such things as members time, office space, funds, and equipment. By anticipating resources, you avoid getting into a...

Answered: 1 week ago

Previous Question Next Question