Tax 3701 Study guides, Study notes & Summaries

FIN 3701 MAY/JUNE 2013 section A Q1 2 initial investment Cost (200 000) Net working capital 5000 Inventory 3000 Receivables 2000 Payables 4000 Accruals 6000 Initial investments Q2 3 OCF = NOPAT + depreciation NOPAT = revenue 30000 Operating cost 13000  Marketing cost are irrelevant Depreciation 40000 EBIT 23000 Tax 3090 6900 NOPAT 16100 OCF = 16100 + 40000 =23900 Q4 2 NB: for a replacement decision you must use incremental operating cash flow i.e. OCF truck --- OCF van...

CONTENTS MAY/JUNE 2013……………………………………………….3 OCT/NOV 2013…………………………………………………11 MAY/JUNE 2014……………………………………………….18 OCT/NOV 2014…………………………………………………25 MAY/JUNE 2015……………………………………………….34 FIN 3701 MAY/JUNE 2013 Section A Q1 2 initial investment Cost (200 000) Net working capital 5000 Inventory 3000 Receiv...

TEST BANK To accompany International Economics: Theory and Policy Sixth Edition Krugman and Obstfeld Dr. Mitchell Kellman The City College of The City University of New York, and The Graduate Center, The City University of New York And Dr. Yochanan Shachmurove The City College of The City University of New York, and The University of PennsylvaniaContents Page Chapter 1 Introduction 1 Chapter 2 Labor Productivity and Comparative Advantage: The Ricardian Model 14 Chapter 3 Specifi...

Taxation of Business Activities at Unisa (EXAM PACK TAX3701)

TAX 3701

tax 3701

Question 1 Tax liability of eZhonda (Pty) Ltd for the year of assessment ended 28 February 2019. Rand Rand Taxable income 73 859 000,00 Factory Building (Section 13) = * 5% - 525 000,00 Restraint of Trade (Section 11(cA) = less than 3 year therefore 3mil/3 - 1 000 000,00 Research & development costs (Section 11D) = 600 000 * 150% - 900 000,00 Patent purchased (Sec 11(gC)): cost less than 5000 hence full deduction allowed - 4 500,00 © CTM Tutoring All rights rese

Calculation of the tax liability of Tega (Pty) Ltd for the year of assessment ended 29 February 2020: Taxable income (given) 3 123 321 Opening inventory @ cost price (lowest) (430 800) Closing inventory @ market value (lowest) 230 900 Learnership agreements Commencement - A Disabled (NQF 8) (R50 000 x 10/12) (41 667) - B Not disabled (NQF 4) (R40 000 x 2/12) (6 667) Completion - A Disabled (NQF 8) R50 000 x 2 (100 000) Bad debts written off (76 000) Bad debts recovered 23 300 Doubtf...

The Taxation of Business Activities Both semesters Department of Taxation STUDY GUIDE 1 OF 2 The Taxation of Business Activities Both semesters Department of Taxation STUDY GUIDE 1 OF 2

If Harry and Sue Baloy had been married in community of property, the rental income would have been divided equally between them and each would have had to include the amount of R40 000 (R50 000 income – R10 000 expenses or R80 000 / 2) in their respective taxable incomes.