Bruce is an Innocent Boy .Please Solve the case for him. He sold a freehold stockroom for 300,000 on 1 January 2020.

The stockroom had been bought for 150,000.

On 1 February 2020, he purchased a freehold production line for 200,000.

Required:

Compute the chargeable addition.

Stepwise Answer in Details

1.Get the data

2.Calculate the Chargeable addition

3.Calculate what amount isn't reinvested

4.Check whether the sum NOT reinvested (Step 3) surpasses

the Chargeable addition (Step 2)

5.Calculate the new Chargeable addition

Answer the Multiple Answers.

6.Rate of duty on capital addition and current pay may impact type of?

A. Value.

B. Inclination.

C. Obligation.

D. Capital.

7.In money, "working capital" signifies something very similar as?.

A. Absolute resources.

B. Fixed resources.

C. Current resources.

D. Current resources less current liabilities.

8.In choosing the suitable degree of current resources for the firm, the executives is defied

with?

A. A compromise among productivity and hazard.

B. A compromise among liquidity and attractiveness.

C. A compromise among value and obligation.

D. Compromise between current resources and benefit.

9.What shifts contrarily with productivity.

A.Liquidity.

B.Risk.

C.Accounts.

D.Trade.