Related Questions

The sumof the pre-tax costs of items A ans item B is Tk. 300. In dhaka, each item would be charged a flat 7% tax. In Rangpur item A is subject to 5% tax and item b is subject to 10% tax. If the tax in Rangpur on the purchase of both items is exactly Tk 3 more than it is in Dhaka, than what is the pre - tax price of item A?
A 120
B 209
C 300
D 320
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
Under which depreciation method, the amount of depreciation expenses remains same throughtout the life of the asset?
A Straight line method
B Reducing balance method
C Number of units produced method
D Machine hours method
Under which method of depreciation, the amount of depreciation expenses remains constant throughout the life of the asset?
A Reducing balance method
B Unit of activity method
C Straight line method
D None of these
Masud's income is 60 percent more than Robi's income, and Robi's income is 40 percent less than Moni's income. What percent of Moni's income is Masud's income?
A 124%
B 120%
C 96%
D 80%
Jadu’s income is 60% more than Madhu’s income and Madhus’s income is 40% less than Ram’s income. What percent of Jadu’s income is Ram’s income?
A 74%
B 96%
C 120%
D 140%
Mary's income is 60 percent more than Tim's income, and Tim's income is 40 percent less than Juan's income. What percent of Juan's income is Mary's income?
A 124%
B 120%
C 96%
D 80%
Mr. Johan pays income tax on the sum above $3000 at a rate of 6 cents per Dollar. If he has $4880 after paying the income tax. what is john's gross income?
A 4750
B 4950
C 5000
D 5100
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
After paying 10% tax on all income over Tk 3000, Rahim had a net income of Tk 12,000. Rahim's income before tax (in Tk) was ----
A 12,900
B 12,300
C 13,300
D 10,300

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