In australia context during the 2020 hattie bought 10 vintage chairs for $11000 each wgich she restored and sold for $16500 each in her antique furniture shop. she also bought 5 vintage tables for 24553 each which she sold for $35200. calulate how much GST hattie will remit for 2020 financial year?
Q: A wealthy alumnus of Abu Dhabi University wants to start a permanent award in his name. He wants to…
A: Scholarships will continue in perpetuity Number of students to be awarded scholarship each year = 10…
Q: Sara met with a financial planner and has determined that she will need $1,250,000 when she retires…
A: Required Amount (FV) is $1,250,000 Time to Retire is 30 years Time to Start saving is after 20 years…
Q: Carry and her husband Troy are planning to buy their first home this summer. They each of $50,000 in…
A: GIVEN Carry and her husband Troy are planning to buy their first home this summer. They each of…
Q: Jessica’s parents have decided to sell their ancestral house and they are planning to purchase a…
A: Present Value - The present value is defined as the current value of money we will receive in the…
Q: Suze Orman wants to pay $1500 semiannually to her granddaughter for 10 years for helping her around…
A: Present Value: The value of today’s amount to be paid or received in the future at a compound…
Q: Ben bought a brand new bike costing P38,000 if paid in cash. However, she can purchase it on…
A: Loan = 38,000 Time Period of Loan = N = 5 years Interest Rate = 8% T = time period for discounting…
Q: Your grandparents have decided to sell their real estate property in Valenzuela City and they are…
A: Given information: Two offers for condominium are given with following details and we have to…
Q: What would be the amount of adjustment if I sold my home for $604,000, with $13,000 on improvement.…
A: The adjusted cost basis of a property includes cost of improvements that add value to the home or…
Q: Jane wants to buy a brand new Toyota Corolla, model year 2021. Today's out-of-the- door cost of the…
A: In this, we need to calculate the simple interest and then find out the monthly payment. Simple…
Q: Sasha started a RESP five years ago for her son Ivan who is now 17 years of age. In 2016, 2017 and…
A: Canada Education Savings Grant(CESG) It is a grant from the Government of Canada which is directly…
Q: 40% for business purposes at his trading store Menlyn Mowbray’s costs for in relation to this…
A: Taxation refers to the imposition of compulsory financial obligations by the government on…
Q: What would it cost an insurance company to replace a family’s personal property that originally cost…
A: Replacement cost: Replacement cost is the money required to replace when there is a damage in the…
Q: Suppose that your friend has a farm in 2019 and wants to make an investment 150,000 in 2030 for all…
A: Future Investment = 150,000 Time duration = 2030-2019 = 11 years
Q: 1. Your grandparents have decided to sell their real estate property in Valenzuela City and they are…
A: Note: As per guidelines, only the first question will be answered. 1. The market value will be…
Q: Che-Che bought his brother a laptop 5 years ago which has a cost of around 25,000PhP. The laptop’s…
A: Given: Particulars Amount Cost of laptop 25000 Php Years 5 Extended life 10…
Q: Describe the tax consequences of each of the above to each of the parties involved
A: The compulsory charges to be paid as the portion of income earned is known as tax liability. The tax…
Q: . Anton has P100,000 now, he would like to invest his money in a money market security that earns 6%…
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: A person has $ 100,000 annual income. The interest rate is 10%. This person is considering…
A: Assumptions and working notes :- In option a we can consume 60000 euro and…
Q: Your mom asked your opinion if she will be joining the cooperative She wants to know the amount of…
A: Contribution per month is P1000 begining of period Interest rate is 3% compounded monthly Time…
Q: nswoman, wishes to gift her boyfriend P20,000 on their 10th anniversary which is 10 years from now.…
A: Present value refers to the current valuation for a future sum. Investors determine the present…
Q: A woman who has won a prize is offered a lump sum of K600,000 to invest now, or K350,000 to invest…
A: The value of the specific assets in some future point considering the expected rate of growth is…
Q: wants to purchase a house after a couple of years. his target house value is P4,975,193. He decides…
A: Given information : Price of house 4,975,193 Periodic payment (P) 592796 Time period (n) 13…
Q: When you graduate from college, your mother plans to give you a gift of $40,000 to start you on your…
A: Present value of lum sum = Amount receivable in future * PV $1 (r, n) Present value of annual…
Q: F asked money amounting to P 9,000 from his parents on the first month 2020 and 12,000 on 2022. He…
A: Present value includes the money without the interest and future value includes the payment with…
Q: ngr. Singson wants to get married on June 8, 2023. According to his estimates, he will need…
A: In this we need to calculate amount required for wedding using future value concept.
Q: Bayan wants to buy a house in six years. She hopes to be able to put down OMR 25000 at that time. If…
A: Here, Down Payment in 6 years is 25,000 Interest rate is 7.5% Time Period is 6 years
Q: Dave has inherited $7,000 from the death of Grandma Mary. He would like to use this money to buy a…
A: A study that proves that the 1value of money today is higher than the future value of money is term…
Q: Other Information: Sydney rented all of her equipment and furnishings in 2020 but has decided to…
A: What is meant by expected Cash collection from customers? When a company sells goods on credit at…
Q: Bonita Industries makes an investment today (January 1, 2020). They will receive $15500 every…
A: present value of Annuity formula: PVA = A×1-11+rnr where, A=annuity r=rate of interest n=number of…
Q: Natalie and Curtis have been experiencing great demand for their cookies and muffins. As a result,…
A: cost of oven = $17000 cash paid = $5000 Borrowing amount = $17000- $5000 = $12000 rate of interest…
Q: Jennifer installed a new enery-efficient tankless water heater in 2021 at a cost of $5,000. She…
A: Tax Credit Rule - The federal tax credit only applies to equipment installed in existing homes, not…
Q: You are 20 years old and inherit $70,000 from your grandmother. If you wish to purchase a $112,400…
A: Calculate the rate as follows: Rate = (Future value/Present value)^(1/years) -1 Number of years =…
Q: Sally purchased a rental property for $756,000 today. She expects to receive rent of $480 per week…
A: Expected Return and Standard deviation of a probability based problem is calculated as below:…
Q: Sara met with a financial planner and has determined that she will need $1,250,000 when she retires…
A: Funds needed after 30 years (FV) = $1,250,000 Monthly interest rate (r) = 0.00470833333333333 (i.e.…
Q: a choice between receiving $1,000 from her great-uncle one year from today or $900 from her…
A: Option 1 Received 1000 one year from now Option 2 Receive 900 today Return = 12%
Q: Your grandparents have decided to sell their real estate property in the Province of lloilo and they…
A: Present Value refers to the value of cash flows today which is to be received at some future time…
Q: Prepare a payment schedule for the life of the note. Prepare the journal entry for the purchase of…
A: when there are more than three sub questions we are allowed to answer only first three, please…
Q: Maddie buys a new apartment for 500,000 at the beginning of 2020. At the end of 2020 an identical…
A: In this we have to calculate net user cost after depreciation and inflation and that would be user…
Q: Menlyn Mowbray owns a fleet of light delivery vehicles (aka bakkie). One of his delivery vehicles…
A: Solution Taxable income is the portion of an income of individual , firm , company that would have…
Q: Akbar and Ahmed are newly purchase a shop for OMR 80,000 in Oman in city mall, muscat. Since the…
A: Computation:
Q: Donna has Php35,000. She decided to buy a new gadget at Php30,000 and invested her remaining Php…
A: Given information: Investment is made to buy a gadget of Php 30,000 Remaining investment in an…
Q: Thomas deposited 300,000Php now, so that his 3 year old daughter will receive 6 equal amounts of…
A: Age of Daughter today is 3 years Amount Deposited today is 300,000Php Annual Receipts starts from…
Q: Miss Balqis wishes to purchase a cottage located in a rural area in 12 years when she retires in…
A:
Q: Suppose that your friend has a farm in 2020 and wants to make an investment 150,000 in 2025 for all…
A: Investment are the tools used by investors and companies for capital appreciation. They are of…
Q: Your mom asked your opinion if she will be joining the cooperative in her office. She wants to know…
A: Monthly payment is made at the beginning of the month. Payment made at the end of the month is…
Q: Assel is scouting a DLSR camera to cover her parents' silver wedding anniversary. She found one at…
A: The regular payments to be made for the loan taken can be calculated using the PMT function in…
Q: Engr. Singson wants to get married on June 8, 2023. According to his estimates, he will need…
A: This question is based on future value concept, which says that future value is given by, F =…
Q: Monica is planning to buy a house and lot in Batangas worth 1,450,000 today, she wants to know the…
A: The property price after 7 years can be calculated with the help of future value function
In australia context
during the 2020 hattie bought 10 vintage chairs for $11000 each wgich she restored and sold for $16500 each in her antique furniture shop. she also bought 5 vintage tables for 24553 each which she sold for $35200. calulate how much GST hattie will remit for 2020 financial year?
Step by step
Solved in 2 steps with 2 images
- Read and analyze the situation below then answers the question given. Your mom asked your opinion if she will be joining the cooperative in her office. She wants to know the amount of money she will be receiving after 6 months and wanted to buy something in December. The cooperative wants her to contribute P1,000 per month beginning in June 2020 which will earn 3% compounded monthly. How much will be the future value of your mom's contribution at the end of December 2020? Tasks: You need to prepare a report showing a cash flow diagram on the total amount of money your mother will earn at the end of December. At the end of your report, write a conclusion stating your opinion to help your mom to decide.Maddie buys a new apartment for 500,000 at the beginning of 2020. At the end of 2020 an identical new apartment is selling for $ 550,000, reflecting the rate of inflation. The nominal interest rate in 2020 is 5 percent and the physical depreciation rate on the apartment is 10 percent. What is the annual user cost in percent to Maddie from purchasing the apartment? Select one: a. -10 percent b. 15 percent c. 6 percent d. -5 percent e. 5 percentMichelle wants to set aside funds to take an around the world cruise in 7 years. Michelle expects that she will need $26500 for her dream vacation. If she is able to earn 8% per annum on an investment, how much will she have to set aside today so that she will have sufficient funds available? O $15462. O $14316. O $2970. O $45414.
- Your mother plans to join the employee's cooperative. She wants to know how contribution of Php1000.00 starting June 2020, with a compounded interest rate Ru 5- re What I Can Do 4. in Read and analyze the situation below, and answer the given question. monthly ach her money would earn in six months. The cooperative requires a of 3%%. How much will your mother's money be by December2020? Tasks: Tou need to prepare a report showing a cash flow diagram on the total amount of money your mother will earn at the end of December. At the end of your report write a conclusion stating your opinion to help your mom to decide. 14You plan to purchase a house with the following information. Calculate the interest on the 127th payment. Price Years Down Payment Rate Payment Interest in 127th Payment Year Price Rate Down Payment $100,000.00 You plan to purchase a house using the following information. What is the dollar difference between the total interest paid for both mortga Total Interest Difference 30 20% 4.5% 30 $200,000 6.25% $40,000 15 $200,000 4.00% $40,000She wants to know the amount of money she will be receiving after 6 months What I Can Do Read and analyze the situation below then answers the question gve. Your mom asked your opinion if she will be joining the cooperative in her office. and wanted to buy something in December. The cooperative wants her to contribute P1,000 per month beginning in June 2020 which will earn 3% compounded monthly. How much will be the future value of your mom's contribution at the end of December 2020? Tasks: Tou need to prepare a report showing a cash flow diagram on the total amount Of money your mother will earn at the end of December. Teport, write a conclusion stating your opinion to help your mom to decide. At the end of your Cash Flow Diagram onclusion:
- 1.Assume the total cost of a university education will be P250 000 when your child enters university in 18 years. You presently have P43 000 to invest. What rate of interest must you earn on your investment to cover the cost of your child’s university education?Vincent was receiving rental payments of $3,000 at the beginning of every month from the tenants of her commercial property. What would be the value of her property in the market if she wants to sell it, assuming a market capitalization rate of 5.25% compounded annually? Round to the nearest cent -> SAVE PROGRESS SUE ENG CMS fq fio f11 AA ansert 6 8 6. 1/4 1/2 3/4Assume the total cost of a college education in Singapore will be SGD 250,000 when your child enters college in 18 years. You presently have SGD 43,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? ÖÖ 11:04 /
- 1. You are purchasing a home for $150,000 at an 8% APR. Your loan period is 360 months. If your payment is $1,100.65, what is your loan balance after 10 years? $104,658 $131,586 $135,386 $121,543 2. You are purchasing a home for $150,000 at an 8% APR. Your loan period is 360 months. If your payment is $1,100.65, what will your equity be after 10 years? $18,414 $28,627 $14,538 $34,579Directions: Compute the Customer lifetime value (CLV) for the following situation. Follow/Use the guide provided below. (show computation) Mr. Blythe spends $5000.00 for every visit to the shoe store twice a year for an expected time of 5 years. Mike spends $1500.00 for every visit to a restaurant with his girlfriend once a month for an expected period of 2 years. PV RP RT CLVDr. J. wants to buy a Dell computer which will cost $2,788 four years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 7% annual return. How much should he set aside? A. $823.15 B. $531.81 C. $627.93 D. $697.00