FIN-623 TAXATION-MANAGEMENT ASSIGNMENT # 1 SOLUTION fall 2010View more random threads:
- MGT401 & MGT402 spring 2012 first assignment
- CS718 Wireless Networks Assignment No. 1 Evolution of...
- STA630 Research Methods Assignment No.1 Solution Spring...
- FIN623 Taxation Management Assignment No. 01 Solution and...
- CS301 Assignment 6 Idea Solution 25 July 2010
- ENG201 Solution May 17, 2010
- Assignment No. 5 MTH 301 (Spring 2010)
- MTH302 - Business Mathematics & Statistics Solution 11...
- SOC101 Introduction to Sociology Assignment No.01 Fall...
- MTH101 Calculus and Analytical Geometry Assignment No.1...
Sponsored Links
Solution:
Bussiness Income
Sales 11,250,000
Less Cost of Sales
Market value of self produced raw material 3,750,000
Raw material purchased 2,250,000
Manufacturing expenses 1,125,000
Gross Profit 7,125,000
Less operating expense 4,125,000
Selling expense 750,000
Administration expenses 1,275,000
Financial expenses 375,000
Net profit from business 1,725,000
Agricultural income
Good produced and used as raw material 3,750,000
Less agricultural Expense 1,500,000
Net agricultural income 2,250,000