Related Questions

As a salesperson, Poly can choose one of two methods of annual payment either an annual salary of Tk. 35,000 with no commission or an annual salary of Tk. 10,000 plus a 20 percent commission on her total annual sales. What must her total annual sales be to give her the same annual pay with either method?
A Tk.100,000
B Tk. 120,000
C Tk. 125,000
D Tk. 130,000
A company owns some land and buildings for which the following details are relevant : Cost of land Taka 50,000; cost of building Taka 100,000, estimated life of building 20 years, estimated residual value of building Taka 2000; estimated residual value of land Taka 50,000. The company uses the straight line depreciation method. Which is the correct annual depreciation charge for this asset?
A Taka 4000
B Taka 4900
C Taka 7400
D Taka 7500
Choose the sentence (s) in which the word 'straight means 'honest or frank'. (1) Draw a straight line through the two points. (2) You are not being straight with me, even though you know that I like straight answers. (3) It was a straight choice between taking or leaving the offer of friendship.
A (1)
B (3)
C (1) and (2)
D 1) and (3)
Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?
A Tk, 3,900
B Tk. 1,000
C Tk. 900
D Tk. 600
The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the
A Initial cost
B Book value at the end of (n - 1)th year
C Depreciation during the (n - 1)th year
D Difference between initial cost and salvage value
Annual depreciation costs are constant, when the __________ method of depreciation calculation is used.
A Declining balance
B Straight line
C Sum of the years digit
D None of these
Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used.
A Straight line
B Sinking fund
C Present worth
D Declining balance
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year?
A Straight line method
B Sinking fund method
C Sum-of-year digit method
D Declining balance method
Towns A and C are connected by a straight highway which is 60 miles long. The straight-line distance between town A and town B is 50 miles, and the straight-line distance from town B to town C is 50 miles. How many miles is it from town B to the point on the highway connecting towns A and C which is closest to town B?
A 30
B 40
C 50
D 60
Towns A and C are connected by straight highway which is 60 miles long. The straight-line distance between town A and town B is 50 miles, and the straight-line distance from town B to town C is 50 miles. How many miles is it from town B to the point on the highway connecting towns A and C which is closest to town B?
A 30
B 40
C 50
D 60

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