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

Question

1 Approved Answer

The customer imported laptops from the USA worth N$ 251 100 & televisions worth N$200 000 into Namibia. According to the classification system, the transaction

The customer imported laptops from the USA worth N$ 251 100 & televisions worth N$200 000 into Namibia. According to the classification system, the transaction attracts an average of 18.75% customs duty rate and 16.5% import taxes. Calculate total payable custom duties, & mention any trade agreement if applicable on this transaction?

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

Finance For Non-Finance People

Finance For Non-Finance People

Authors: Sandeep Goel

2nd Edition

0367185083, 9780367185084

More Books

Students also viewed these Accounting questions

Question

★★★★★
What resources and resulting capabilities and core competencies do you see within the Zappos organization that gives it strategic competitiveness?

Answered: 1 week ago

Question

★★★★★
Indicate in general journal form how the items below would be entered in a worksheet for the preparation of the statement of cash flows. (a) Net income is 317,000,000. (b) Cash dividends declared and...

Answered: 1 week ago

Question

★★★★★
=+What is the expected value of purchasing a Thursday ticket?

Answered: 1 week ago

Question

★★★★★
On January 1, 2010 Cale Corp. paid $1,020,000 to acquire Kaltop Co. Kaltop maintained separate incorporation. Cale used the equity method to account for the investment. The following information is...

Answered: 1 week ago

Question

★★★★★
View Policies Current Attempt in Progress Crane Company purchased a new machine on October 1, 2022, at a cost of $90,080. The company estimated that the machine has a salvage value of $8,560. The...

Answered: 1 week ago

Question

★★★★★
ABC company will borrow money today and plan to pay back $6,000 a year for 10 years with 4% annual interest. a) If the first payment into the fund occurs today, what amount can he borrowe compounded...

Answered: 1 week ago

Question

★★★★★
Final Exam 12. NuCo uses the periodic method and has the following account balances: Purchase Returns, $17,000; Beginning Inventory, $4,000; Purchases, $193,000; Freight-In, $11,000; and Accounts...

Answered: 1 week ago

Question

★★★★★
You have now worked with both CSV files and JSON files. Certainly JSON files are more versatile, as they can represent a wider variety of data than a simple spreadsheet can. But a lot of data in the...

Answered: 1 week ago

Question

★★★★★
Your company has a Microsoft 365 E5 subscription. You need to identify vulnerable certificates on the company's devices. Which Vulnerability Management feature in Microsoft Defender for Endpoint...

Answered: 1 week ago

Question

★★★★★
The gra a quadratic function with vertex (0, 1) is shown in the Find the unge and the domain. 10 8 -2 24 6 8.10 Write the range and domain using interval notation. (a) range: (0,0) [0,0] (0,0)

Answered: 1 week ago

Question

★★★★★
Consider the equation z16 (1+ 3i). Find the value of z which satisfies this equation and which has the second smallest positive argument 0,0 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
2. Describe the challenges incurred in the training and development process at Witness.org.

Answered: 1 week ago

Question

★★★★★
2. Explain what specific training tools and processes you would use to implement a know, show, do training approach.

Answered: 1 week ago

Question

★★★★★
5. What are two reasons that Maxene gives for thinking it is important for different learning styles to be recognized?

Answered: 1 week ago

Previous Question Next Question