The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X
Question:
The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X Ltd, 25% by Y Ltd and 45% by Z Ltd. All of these companies are UK resident and they prepare accounts to 31 March. Results for the year to 31 March 2021 are as follows:
Transcribed Image Text:
Trading profit/(loss) Chargeable gains W Ltd (62,000) 10,000 X Ltd 41,000 Y Ltd 11,000 Z Ltd 38,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
W Ltd could claim potentially that 10000 of its tradi...View the full answer
Answered By
Nicole omwa
Being a highly skilled tutor with at least 5 years of tutoring experience in different areas, I learned how to help diverse learners in writing drafts of research papers, actual research papers and locate credible sources. My assurance is built upon my varied knowledge of a variety of subjects. Furthermore, my involvement and interaction with numerous learners of all levels has allowed me to understand my clients' specific demands. Ultimately, this has aided me in being a better coach to learners to better their grades. Essentially, my responsibilities as a tutor would include:
Teaching abilities that assist pupils in enhancing their academic performance
Personal interaction with learners to make them understand abstract concepts
Inducing new skills and knowledge into their academic journeys
Fostering individual reflection, and independent and critical thinking
Editing and proofreading
Because I am constantly available to respond to your queries, you may decide to rely on me whenever you require my assistance. As an assurance, my knowledge skills and expertise enable me to quickly assist learners with different academic challenges in areas with difficulty in understanding. Ultimately, I believe that I am a reliable tutor concerned about my learner's needs and interests to solve their urgent projects. My purpose is always to assist them in comprehending abstract schoolwork and mastering their subjects. I also understand that plagiarism is a severe offense and has serious ramifications. Owing to this, I always make it a point to educate learners on the numerous strategies to have uniquely unique solutions. I am familiar with the following formatting styles:
MLA
APA
Harvard
Chicago
IEEE
Communication is always the key in every interaction with my learners. Hence, I provide timely communication about the progress of assigned projects. As a result, I make sure that I maintain excellent communication with all of my clients. I can engage with all of my customers more effectively, assisting them with their unique academic demands. Furthermore, I attempt to establish a solid working relationship with my leaners I have exceptional abilities in the below areas;
Sociology
History
Nursing
Psychology
Literature
Health and Medicine
Chemistry
Biology
Management
Marketing
Business
Earth Science
Environmental Studies
Education
Being a teacher who aces in diverse fields, I provide various academic tasks, which include;
Academic Reports
Movie Reviews
Literature Reviews
Annotated bibliographies
Lab reports
Discussion posts
Dissertations
Case study analyses
Research proposals
Argumentative Essays
I guarantee you high-quality Papers!!!!!
5.00+
17+ Reviews
32+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X Ltd, 25% by Y Ltd and 45% by Z Ltd. All companies are UK resident and prepare accounts to 31 March. Results for the...
-
What is the author's claim in the article 'Managing Virtual Teams'? In other words, what do you believe the author wants their audience to learn or understand better once they have finished reading?...
-
Question 1 This question has two parts, (A) and (B). Answer both parts. 100% Liverpool plc is a company that manufactures a number of different types of electrical goods and has a year end of 31...
-
Which of the following procedures most likely represents an internal control designed to reduce the risk of errors in the billing process? 1. Requiring customers that purchase on account to be...
-
Create a PowerPoint presentation about the topic Explain the Obesity and overweight in low income areas
-
Have you ever provided service to your community through volunteer work sponsored by your school or workplace? What did you do? What did your community get from this experience? What did you get? (p....
-
The French subsidiary of a U.S. parent corporation forecasts that it will purchase parts from a Swiss sup plier in six months. The U.S. parent contemplates purchasing a Swiss franc call option to...
-
Jason Rogers works full-time for UPS and runs a lawn-mowing service part-time after work during the warm months of April through October. Jason has three men working with him, each of whom is paid $6...
-
A company has 30,000 shares of common stock issued on January 16,000 shares are issued on June 1. 4000 shares are purchased on September 1. There is a 3-for-1 stock split on November 1. 3000 shares...
-
U Ltd has three subsidiaries (one of which is dormant) and has the following results for the year to 31 December 2020: Compute the corporation tax liability for the year and state the date (or dates)...
-
S1 Ltd and S2 Ltd belong to the same capital gains group. In May 2017, S1 Ltd transferred a chargeable asset to S2 Ltd. The original cost of this asset to S1 Ltd was 10,000 and its market value in...
-
Multiple Payments Case Products just agreed to pay $1,500 at the end of each year for three years of insurance coverage on property it owns. What amount would Case be willing to pay immediately for...
-
4. Thinking Ahead (2 points): Project 1 involves the analysis of a bicycle pedal. Consider the bicycle shown below. If a rider places their full weight on the pedal when it is in the horizontal...
-
On January 1, 2023, Martineau Corp. issued a 5-year, 5% installment note payable for $118,000 to finance upgrading its current equipment. The company's year end is December 31. The repayment of...
-
Multiply. 2 x-x-2 3x-3 2 x+2x-3 x+1 Simplify your answer as much as possible.
-
Explain the processes of querying a relational database and define Big Data and explain its basic characteristics. Compare and contrast the major types of networks. - Identify the fundamentals of...
-
42. Explain why the inequality x - x + 1 < 0 has the empty set as the solution set.
-
What are differences between systems software and applications software?
-
1) Predict the organicproduct formed when BzCl reacts with cyclohexanol. BzCl = benzoylchloride. 2) Provide the majororganic product of the reaction below. 3) Draw the structureof the product formed...
-
Basenote Ltd is a wholly-owned subsidiary of Apexine Ltd. Both companies are UK resident and prepare accounts to 31 March each year. Results for the year to 31 March 2022 are as follows: Calculate...
-
U Ltd has three subsidiaries (one of which is dormant) and has the following results for the year to 31 December 2021: Compute the corporation tax liability for the year and state the date (or dates)...
-
Armco1 Ltd and Armco2 Ltd are 100% subsidiaries of Headco Ltd, which has no other subsidiaries. They are all UK resident and the group has existed for several years. How will the relationship of the...
-
Kirk and Spock formed the Enterprise Company in 2010 as equal owners. Kirk contributed land held an investment ($50,000 basis; $100,000 FMV), and Spock contributed $100,000 cash. The land was used in...
-
Pedro lives in Puerto Rico and had a net taxable income of $35,000 for the year 20X1. Your gross income totals $60,000. What is Pedro's regular income tax for 20X1? a.$4,620 b.$4,900 c.$2,318 d.$2,520
-
The change in cash is equal to the change in liabilities less the change in equity plus the change in noncash assets. O True False
Study smarter with the SolutionInn App