Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. b ltd had a profit before tax of 100 000 for 2016

B LTD had a profit before tax of 100 000 for 2016 year end, it...

60.1K

Verified Solution

Question

Accounting

B LTD had a profit before tax of 100 000 for 2016 year end, it included the following

Dividend income(not taxable) of 40 000

Donations ( non deductible) of 30 000

Tax rate is 30%

explain how current tax will be estimated

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

General Management
1.2K views

How do you see yourself in terms of values? Write your own value statement, be truthful...

Biology
1.2K views

Examples of disaccharides two simple sugars joined together include Write the linear and the ringed...

Basic Math
1.2K views

Let P x x studies Calculus Q x x is a Computer Science major R...

Basic Math
1.2K views

1 point Consider the relations R R2 R3 R R5 on A 1 2 3...

Calculus
1.2K views

Let f x x x fx 0 S x if x 0 1 I f...

Algebra
1.2K views

Solve the equation for x.-2(3x-9) + 2 = ? 6x+20Select the correct choice below and,...

Accounting
1.2K views

Company A filed suit against Company B, seeking damages for patent infringement. Company Bs legal...

Accounting
1.2K views

Ron smith has cumulative earnings of 110,100. This week he is paid $2,000. Assuming the...

Accounting
1.2K views

Wipte ciphinamio mipe onat s.300 int ansition ELi vo: mak 3 Wipte ciphinamio mipe onat...

Accounting
1.2K views

For Retained Earnings. the category of account and its normal balance is ________ A. assets...

Accounting
1.2K views

The CEO of MGT Manufacturing was presented with the cash budget for 2021. She was...

Accounting
1.2K views

Indices 1. Identify a non-US Large-Cap Equity index (not a Mutual Fund or Exchange-Traded Fund...