Question 9 of 10
Statements that define what an individual or group desires to accomplish or
become are called
A. career plans
B. strategies
C. objectives
O D. goals
SUBMIT
Answer is goals

Tax payable by Mrs. Hariett for the given years are -

0% on the first R100,000

10% on the portion between R100,001 and R500,000

20% on the portion between R500,001 and R1,000,000

To calculate the tax payable by Mrs. Harriett for the 2023 year of assessment, we need to consider her various sources of income, expenses, and deductions. Please note that I will provide an estimation of the tax payable based on general tax rules. Actual tax calculations may vary depending on the specific tax laws and regulations of the country in question.

Here's a breakdown of Mrs. Harriett's income, expenses, and deductions:

Income:

Salary per month: R18,000 x 12 = R216,000

Bonus for the year: R22,000

Interest per annum from a local bank: R23,000

Foreign interest: R56,000

Dividends per annum from a South African Company: R120,000

Foreign dividends per annum: R45,000

Rental income per month: R12,000 x 12 = R144,000

Gifts from friends on her 62nd birthday: R3,700

Trade income from a part-time business: R180,000

Uniform allowance per annum: R9,000

Annuity from a trust per annum: R26,000

Commission per annum from a part-time job: R80,000

Inheritance of a building (market value): R550,000

Royalty from a book per annum: R60,000

Foreign pension: R120,000

Proceeds from the sale of a farm: R600,000

War and disability pension: R150,000

Restraint of trade receipt: R350,000

Know-how receipt for her employer: R120,000

Expenses:

Trade expense: R22,000

Rental expense: R19,000

Fees expenses for her children: R19,000

Food and electricity expense for her household: R4,500

Salaries/wages for her employee at the part-time business: R60,000

Deductions:

Medical expenses (if applicable)

Retirement annuity contributions (if applicable)

Now, let's calculate the taxable income and the tax payable based on the tax rates applicable for the 2023 tax year in Norway. Please note that I will assume the tax rates based on general knowledge and not specific to Norway's tax rates.

Calculate the taxable income:

Total Income: R216,000 + R22,000 + R23,000 + R56,000 + R120,000 + R45,000 + R144,000 + R3,700 + R180,000 + R9,000 + R26,000 + R80,000 + R550,000 + R60,000 + R120,000 + R600,000 + R150,000 + R350,000 + R120,000 = R3,260,700

Total Expenses: R22,000 + R19,000 + R19,000 + R4,500 + R60,000 = R124,500

Taxable Income: R3,260,700 - R124,500 = R3,136,200

Apply the applicable tax rates to the taxable income:

Based on the assumed tax rates, let's assume a progressive tax structure with the following tax brackets and rates:

0% on the first R100,000

10% on the portion between R100,001 and R500,000

20% on the portion between R500,001 and R1,000,000

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Question

What would you pay for a $110,000 debenture bond that matures in 15 years and pays $5,500 a year in interest if you wanted to earn a yield of 8%:

Answer:

Price of bond = $ 81,753.72

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).  

Value of Bond = PV of interest + PV of RV

The price of the bond can be worked out as follows:  

Step 1  

PV of interest payments  

annul interest payment  = $5,500

Annual yield = 8%

Total period to maturity (in years)  = 15

PV of interest =  

5500 × (1- (1+0.08)^(-15)/)/0.08 =   47,077.13  

Step 2  

PV of Redemption Value  

= 110,000 × (1.08)^(-15) =  34,676.59  

Price of bond  

  47,077.13   +  34,676.59   =$ 81,753.72

Price of bond = $ 81,753.72

Management skills in your future career Effective communication, Leadership skills, Planning and prioritizing, and Problem-solving skills.

Management skills are critical in any profession. These abilities assist you in maintaining control of the operation and ensure that all personnel are performing at their best. Having efficient management skills is essential for a successful career.

Here are some ways that you can use management skills in your future career:

Effective communication: Effective communication is one of the most important abilities in management. This entails not only conveying your point of view to others but also actively listening to other's viewpoints. In your future job, you will need to interact with a variety of individuals from different backgrounds and cultures, and your communication skills will assist you in effectively conveying the message.

Leadership skills: Leadership is an essential element of management. You must possess the necessary abilities to lead your team and effectively manage them. When you lead by example, your team will be motivated to perform at their best and follow your lead.

Planning and prioritizing: Tasks and workloads are critical components of any profession. You must organize, prioritize, and manage your work effectively to be successful in your future career. Planning your work will ensure that you meet deadlines and deliver high-quality work. These skills will help you manage your time effectively and handle any challenges that may arise.

Problem-solving skills: Management skills can be effectively employed to solve problems that arise in your profession. These abilities can assist you in resolving any conflicts and making difficult decisions. You must have the ability to assess the situation and find a solution that works for everyone involved. These abilities will assist you in being successful in your future career.

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The number of meals to order for a 99% service level is 121 meals.

The service level is the percentage of services that can be provided to guests or customers on a given occasion or within a given period.

It can also describe the percentage of meals that a host estimates to serve her guests at a party.

Number of invitations sent out = 150

Number of RSVPs received = 120

Expected number of meals to serve = 100

The safety level of meals to serve = 110

The estimated service level at 110 meals = 90%

The Fiancé's estimated service level to attain = 99%

The number of meals to order for a 99% service level is 121 meals (110/90% x 99%).

Thus, the meals that you should order for a 99% service level is 121 meals.

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Answer:

Cross Cultural Leadership Cultural Differences in Leadership Cultural differences determine certain leadership traits and portions of our personality. It is easy to discredit the importance of cross-cultural differences and their influences on various leadership styles. Different cultures are known for certain traits. Cultural traditions and values play a role in a leader's style. According to the "International Journal of Cross Cultural Management," leadership traits result partly from cultural norms and partly from the needs of the leadership job. Cultures differ regarding the use of power.

If this works, when possible can i have brainliest

Based on the type of accounts they are, the proper classification will be:

The question asks that the above balances are put on the appropriate side of a T Account.

The proper way to do this will be:

Dr.     Account Title         Amount             Account title          Amount   Cr.

        Cash                       $76,000            Accounts payable  $96,800

        Equipment             $184,000           Elica Capital           $163,200

In conclusion, assets go to the left side and capital and liabilities to the right.

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Accounts classification: Cash - Debit balance, Equipment - Debit balance, accounts payable - Credit balance, Capital - Credit balance.

T-account is a visual representation of an account used in bookkeeping. The T-account gets its name from its resemblance to the letter "T."

A T-account consists of two sides: the left side is called the debit side (or "dr" for "debit"), and the right side is called the credit side (or "cr" for "credit").

The proper T- account of the Johnson Cleaning Service, will be:

Dr.     Account Title       Amount          Account title          Amount   Cr.

       Cash                       $76,000           Accounts payable  $96,800

       Equipment             $184,000          Elica Capital           $163,200

     Total Credits           $260,000         Total debits            $260,000  

Thus, this is the proper way of showing a T- account.

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Johnson Cleaning Service has the following account balances on December 31, 20X1.

Cash $ 76,000

Equipment 184,000

Accounts payable 96,800

Elicia Johnson, Capital 163,200

Enter the above balances on the proper side of the T-account.

i) Breakeven in pairs of Kitenge sold is 12,000 pairs and in currency value is TZS 60 million. ii) Pairs of Kitenge to be made and offered  to bring an earning of TZS 1,000,000 = 13,000 pairs. iii) Pairs of Kitenge to be made and offered to bring an after tax earnings of TZS 1,200,000 = 1714 pairs. iv) It would require a thorough analysis to determine if the proposed decision is worthwhile.

i. To calculate the breakeven point, we need to determine the number of pairs of Kitenge that need to be sold to cover all the costs.

Total fixed costs = Advertisement + Salaries + Rent = TZS 3 million + TZS 4 million + TZS 5 million = TZS 12 million

Variable costs per pair of Kitenge = Direct Materials + Direct Labour + Overhead costs = TZS 1500 + TZS 1200 + TZS 1300 = TZS 4000

Contribution margin per pair of Kitenge = Selling price - Variable costs = TZS 5000 - TZS 4000 = TZS 1000

Breakeven point in pairs of Kitenge sold = Total fixed costs / Contribution margin per pair of Kitenge = TZS 12 million / TZS 1000 = 12,000 pairs

Breakeven point in currency value = Breakeven point in pairs of Kitenge sold * Selling price = 12,000 pairs * TZS 5000 = TZS 60 million

ii. To determine the number of pairs of Kitenge to be made and offered to bring an earning of TZS 1,000,000, we need to calculate the contribution margin required to achieve that earning.

Contribution margin required = Total fixed costs + Target earning = TZS 12 million + TZS 1 million = TZS 13 million

Pairs of Kitenge to be made and offered = Contribution margin required / Contribution margin per pair of Kitenge = TZS 13 million / TZS 1000 = 13,000 pairs

iii. To determine the number of pairs of Kitenge to be made and offered to bring an after-tax earning of TZS 1,200,000, we need to consider the tax rate.

After-tax earning required = Target earning / (1 - Tax rate) = TZS 1,200,000 / (1 - 0.30) = TZS 1,200,000 / 0.70 = TZS 1,714,286

Pairs of Kitenge to be made and offered = After-tax earning required / Contribution margin per pair of Kitenge = TZS 1,714,286 / TZS 1000 ≈ 1714 pairs

iv. To determine if the proposed decision of price reduction and increased advertisement budget is worthwhile, we need to assess the impact on profitability.

Price reduction: 7.4% of TZS 5000 = TZS 370

New selling price = TZS 5000 - TZS 370 = TZS 4630

Increased advertisement budget: 20% of TZS 3 million = TZS 600,000

New total fixed costs = Total fixed costs + Increased advertisement budget = TZS 12 million + TZS 600,000 = TZS 12.6 million

Contribution margin per pair of Kitenge = New selling price - Variable costs = TZS 4630 - TZS 4000 = TZS 630

Breakeven point in pairs of Kitenge sold = New total fixed costs / Contribution margin per pair of Kitenge = TZS 12.6 million / TZS 630 ≈ 20,000 pairs

Considering the increased breakeven point of 20,000 pairs and the potential impact on profitability, it would require a thorough analysis to determine if the proposed decision is worthwhile. Factors such as market demand, competition, and the ability to maintain profitability should be considered before implementing the decision.

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Since the corporation took out a loan, the name of that type of financing is called debt financing.

The two primary funding options for corporations are debt financing and equity financing.

Debt financing entails taking a loan from a bank or selling fixed-income securities like bonds.

Equity financing is the practice of raising funds through the selling of shares.

As the corporation took out a loan, the name of that type of financing is called debt financing.

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Answer: Families and their businesses are very mobile.

Explanation:

In a culture with strong business and family ties, we should note that several members of the family may work in the same business.

Also, the family members are usually promoted first in a family-owned business. This is to ensure that the family members have a say in the affairs of the company. The family members are protected as well.

The option that isn't true is that families and their businesses are very mobile. This isn't true. The business is of importance and the family members aren't usually mobile.

The number of cans of paint you can buy next year is 11 cans.

To determine the number of cans you can buy next year, the nominal interest rate is used to determine the future value of the $100 saved.  Similarly, the expected inflation rate is used to determine the cost of a can of paint next year.

Amount to be spent on paint today = $100

Cost of a can of paint today = $10

Nominal interest rate = 21%

Expected inflation rate = 10%

Period of savings = 1 year

Future value of $100 in a year's time = $121 ($100 x 1.21)

Expected cost of a can of paint in a year's time = $11 ($10 x 1.1)

Number of cans to buy next year = 11 cans ($121/$11).

Thus, the number of cans of paint you can buy next year is 11 cans instead of 10 cans today.

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Yes, the accounting profession appears that it will assist me in being a better leader and manager. I value the capacity to make financial judgments and identify ways to minimize expenses, boost sales, and enhance profits.

Becoming an accountant offers numerous advantages, including a stable and in-demand career with opportunities for growth and advancement.

Accountants are needed in every industry, from small businesses to large corporations, providing job security.

They also have the potential to earn a competitive salary and can specialize in various areas such as tax accounting or forensic accounting.

Note as well that, accounting skills are transferrable to many other careers, making it a versatile degree. Finally, accountants often work with a team, which allows for collaboration and networking opportunities.

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Full Question:

BUS 100 Chapter 15

An audit is an examination of a company's financial statements and the accounting practices that produced them. The purpose of an audit is to make sure that a firm's financial statements have been prepared in accordance with generally accepted accounting principles (GAAPs). GAAPs have been developed to provide an accepted set of guidelines and practices for U.S. companies reporting financial information and the accounting profession.

Based on the information in this section, would you choose accounting as a career?

The statement that accurately describes how an event will impact supply is  option B An increase in demand will cause an increase in supply.

If demand and supply both rise, more will be purchased by consumers and more will be produced by businesses. The impact on price will, however, depend on the relative amount of the two changes because consumers place a higher value on each unit while producers are willing to supply each unit at a lower price.

Therefore, With everything else remaining the same, an increase in demand will result in a rise in the equilibrium price and an increase in supply. Reduced demand will result in a drop in the equilibrium price and a reduction in supply.

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The following option that true about statement above is(B)  Elegant Dogs' profits will increase by more than Dazzling Dogs' profits will decrease. It is because As shown above Elegant Dogs is able to increase its profitability by drawing customers away from Dazzling Dogs by lowering its grooming price to $25.

Elegant dog revenue increases while costs remain constant, Since Elegant Dogs has a fixed cost structure, so that it will, impact through the  net income increases disproportionately. In the other side, the Dazzling Dogs has a variable cost structure, the decrease in volume (lost sales to Elegant Dogs) results in proportionate decreases in net income.

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Answer:

1. Cash flow from operations: F (financial).

2. Number of reports of mishandled or lost baggage: C (customer).

3. Percentage of on-time departures: C (customer).

4. On-time flight percentage: C (customer).

5. Percentage of ground crew trained: I (innovation and growth).

6. Return on investment: F (financial).

7. Market value: F (financial).

8. Accidents or safety incidents per mile flown: P (internal process).

9. Customer complaints: C (customer).

10. Flight attendant training sessions attended: I (innovation and growth).

11. Time airplane is on ground between flights: P (internal process).

12. Airplane miles per gallon of fuel: P (internal process).

13. Revenue per seat: F (financial).

14.Cost of leasing airplanes: F (financial).

Explanation:

The performance measures associated with an airline business are;

1. Customer (C): this is comprised of all the passengers or clients that did business with the airline company in the past or in the future. It gives a details into everything pertaining to these clients.

2. Financial (F): this is a measure of all the revenues and expenses associated with the successful running of the airline business.

3. Innovation and growth (I): this is a measure of the manpower or labor, equipments, welfare and training used to ensure the business continues to run smoothly, effectively and efficiently.

4. Internal process (P): it involves all of the strategic decisions, policies, rules and regulations formulated by the executive management in order to enhance the smooth operations of the airline business.

Answer:

one sec i can help

Explanation:

The unethical practices being perpetrated of calling an executive of another business​ are

Without their permission, making unsolicited calls to executives can be viewed as an invasion of their privacy and a transgression of their personal and professional boundaries.

Contacting an executive repeatedly or persistently despite their blatant disinterest or request to stop can be construed as harassment and be upsetting or disruptive to their work.

It is unethical and might be regarded as a violation of trust to try to coerce or trick an executive into divulging sensitive or confidential information.

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Answer:

Up to a certain point, more experience typically translates into higher income. Similar to the last example, if the job requires someone with 10 years of expertise in a specific field and you don't satisfy those qualifications, you can find yourself working at the lower end of the wage scale.

Explanation:

The amount of an obligation's principal that has to be paid off within a year after the balance sheet date. For instance, if a business has a $50,000 bank loan that needs monthly interest and principle payments, the following 12 months' worth of principal payments will represent the remaining balance on the loan.

What is long term portion of debt?

Debt with a maturity of more than a year is considered long-term debt. The duration of this might range from two to five to ten to even thirty years. The amount of principle and interest of the total debt that is required to be paid within one year is the current share of long-term debt.

A long-term debt has a maturity date that is more than a year out from the balance sheet date. Yet, under the current liabilities part of the balance sheet, any sum that is due within the next 12 months is categorized as the current portion of long-term debt.

Some of the most popular long-term debt instruments utilized by businesses are credit lines, bank loans, and bonds with obligations and maturities longer than one year. A corporation receives cash from all debt instruments, which is classified as a current asset.

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Answer:

Explanation:

The liabilities of Organic Foods are made up of $60,000 in notes payable as of its December 31 year-end. For those notes payable, $3,000 is due within the next yearPrepare the liabilities section of Organic Foods's December 31 year-end balance sheet .

Answer:

Depression, anxiety, low self-esteem, ADHD, and bad study habits are all possible causes of procrastination. Procrastination is linked to poor performance and hazards to one's mental health. Procrastinators frequently experience significant levels of anxiety and have trouble controlling their impulses.

Explanation:

The policy of raising the equilibrium wage by 50% as the town's minimum wage would increase the equilibrium quantity of workers from 20 to 30. Hence option (D), this policy is welcomed by workers from the perspective of workers’ surplus is correct.

The supply and demand of labor in a labor market are closely correlated with equilibrium wages. The point at which the supply and demand are equal is known as the equilibrium wage rate. Demand and supply play a role in setting wages in a market that is competitive.

The equilibrium wage will rise with either an increase in demand or a decrease in supply. The equilibrium wage will decline due to changes in supply or demand. The intersection of labor supply and demand is where the equilibrium market wage rate is located.

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The correct answer is:

d. Cash paid for equipment

Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.

its either B or D i would think D more tho because you HAVE to have your social security card if u dont have a licence anyways.

Explanation:

Answer:

If a customer does not have a driver's license, which of the following is an acceptable form of ID:

A. Passport

B. Student ID Card

C. Health Club Membership

Explanation:

I believe it's this one, You're welcome.

The strategically relevant components of the pizza restaurant segment of the U.S. quick service restaurant industry macro-environment are as follows:

Technological advancements: In recent years, the pizza industry has seen technological advancements, including the ability to place online orders, which can result in increased customer convenience. Many pizza restaurants have mobile apps that customers can use to order food, making it easier to use their services. Online advertising has also been used by pizza restaurants to reach new customers.

Environmental factors: Pizza restaurants need to consider the effect of weather changes on sales. Extreme weather events can affect sales as people tend to avoid ordering food when they cannot go out of their homes. Pizza restaurant owners need to evaluate how they will deal with such instances.

Demographic factors: Demographics play a crucial role in the success of pizza restaurants. The pizza restaurant industry targets a broad range of customers and has a significant customer base among younger customers. In recent years, there has been an increase in health-conscious customers, leading to changes in the pizza industry, including the addition of new healthy menu items.

Socio-Cultural factors: The pizza industry has experienced increased competition from new entrants such as gourmet pizza restaurants. The preference of customers for the type of pizza and the eating experience has also changed. People prefer pizzas that are customized to their taste buds, including the type of crust and toppings.

Political/Legal factors: Pizza restaurants need to comply with government regulations such as health and safety standards, as well as taxes. The pizza industry is also affected by regulations on labor practices and food labeling requirements.

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The graph that shows the situation when the U.S. removes a tariff on imports of canned tuna shows that the gain in consumer surplus is B. A+B+C+D.

The area which shows the loss of producer surplus is  C. A.

The area which shows the loss in government tariff revenue is B. C.

The area showing a reduction in deadweight loss is B+D.

When a tariff is lifted, the price of the good or service usually decreases, which increases consumer surplus. Consumers are able to purchase the same goods and services for a lower price, which results in a larger consumer surplus.

The price of the good or service usually decreases, which decreases producer surplus. Producers receive a lower price for the same goods and services, which results in a smaller producer surplus.

The government no longer receives revenue from that tax. Therefore, government revenue decreases when a tariff is lifted. The market becomes more efficient as the price of the good or service decreases, this leads to a decrease in deadweight loss.

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If the Information available for XYZ Inc. The balance sheet for XYZ Inc is Assets $120,000, Liabilities and equity $120,000.

XYZ Inc. Balance Sheet as of March 31, 20XX

Assets:

Cash in hand = $2,000

Cash at bank = $5,000

Machinery = $15,000

Land and buildings = $50,000

Debtors = $48,000

Total Assets = $120,000

Liabilities and Equity:

Creditors = $20,000

Equity capital = $100,000

Total Liabilities and Equity = $120,000

Therefore the balance sheet for XYZ Inc is Assets $120,000, Liabilities and equity $120,000.

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