Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 14, 2024

Robin, a UK value added tax registered trader, made a supply of goods amounting to 5,000 in February 2019 to a customer in London who

Robin, a UK value added tax registered trader, made a supply of goods amounting to 5,000 in February 2019 to a customer in London who is also VAT registered.

What amount of VAT will Robin charge on this sale?

833

1,000

250

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Bucks The Next Step Advanced Medical Coding And Auditing

Authors: Elsevier

1st Edition

0323874118, 978-0323874113

More Books

Students also viewed these Accounting questions

Question

★★★★★

Referring to the answers to Problem 30 of Chapter 9, predict (qualitatively) the relative yields of all the alkenes formed in each reaction

Answered: 1 week ago

Question

★★★★★

31. An urn initially contains ???? black and ???? white balls. At each stage we add ???? black balls and then withdraw, at random, ???? from the ???? + ???? + ????. Show that ????[number of white...

Answered: 1 week ago

Question

★★★★★

Refer to Megatropolis Hospitals financial statements below for calculating the ratios requested in questions Megatropolis Hospital Statement of Operations For the Year Ended December 31, 2007...

Answered: 1 week ago

Question

★★★★★

1) An account earns an effective annual interest rate = 2% in the first ten years and then earns an effective annual interest rate i = 4% in the next ten years. Suppose you make an initial deposit of...

Answered: 1 week ago

Question

★★★★★

What should be done to maximize shareholder wealth and thus the value of the firm? a. Increase the risk level of the firm. b. Slow down the cash receipt of the organization. c. Raise the free cash...

Answered: 1 week ago

Question

★★★★★

EJH has a beta of 1.2, CSH has a beta of 0.4, and KMS has a beta of 0.8. If you put 23% of your money in EJH, 20% in CSH, and 57% in KMS, what is the beta of your portfolio? The beta of your...

Answered: 1 week ago

Question

★★★★★

6. An economy consists of 2 risky assets, A and B, and a riskless asset. The risk-free rate of return is rf = 3%. The Market portfolio M consists of 50% in stock A and 50% in stock B, and the...

Answered: 1 week ago

Question

★★★★★

A company is 40% financed by risk-free debt. The interest rate is 10%, the expected market risk premium is 8%, and the beta of the companys common stock is .5. What is the company cost of capital?...

Answered: 1 week ago

Question

★★★★★

The Generic Genetic (GG) Corporation pays no cash dividends currently and is not expected to for the next four years. Its latest EPS was $7.00, all of which was reinvested in the company. The firm's...

Answered: 1 week ago

Question

★★★★★

Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10, n/30). March 1 March 2 March 3 (a) March 3 (b) March 6 March 9 March...

Answered: 1 week ago

Question

★★★★★

(Appendices) Megan, age 28, is insured under an individual major medical policy. The plan has a calendar-year deductible of $1,500, a 25 percent coinsurance provision, and an annual out-of-pocket...

Answered: 1 week ago

Question

★★★★★

(Appendices) Some states have second-injury funds in their workers compensation programs. However, in recent years, a number of states have terminated such funds.LO6 a. How does a second-injury fund...

Answered: 1 week ago

Question

★★★★★

(Appendices) PURCHASES, SALES, AND COST OF GOODS SOLD. The following data were available for Jeans Inc., a seller of denim clothing, at January 1 of a recent year: Jeans Inc. records purchases and...

Answered: 1 week ago

Previous Question Next Question