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Last year Rocco Corporation's sales were $700 million. If sales grow at 6% per year, how large (in millions) will they be 5 years later?
Would someone who owns a car dealership Most Likely prefer that the government by bonds or sell them? Explain
Evaluate the usefulness of the data to those who might be required to provide a report on financial activity.

(Statement of comprehensive income)

https://www.rba.gov.au/publications/annual-reports/rba/2018/
Describe how you could index the data on a cash flow statement to ensure it can be quickly located and referred to later. Be specific.
how does changing the reserve requirement or/and discount rate impact individuals hoping to borrow money?
When the two countries did not specialize, the total production of jeans was 18 million pairs per month, and the total production of corn was 52 million bushels per month. Because of specialization, the total production of jeans has increased by
6
million pairs per month, and the total production of corn has increased by
4
million bushels per month.
I have a Gst credit of 15,000

Does PAYG withholding and installment take away from it
1,500 and 6,000

From that would i get a refund of 7,500?
Big Blue Granite (BBG) needs to purchase a new saw for creating their top quality countertops. Saw A costs $345,000 with $6,500 of annual maintenance costs for the first year that will increase by 7.0% each year for the 7-year life of the saw. Saw B costs $210,000 with $15,000 of annual maintenance costs for the first year that will increase by 12.0% each year for the 4-year life of the saw. Which saw should BBG choose? What is the annualized cost of this choice? Assume a discount rate of 9.5%, and ignore all taxes.
Question:
The activity statement allows a business to calculate obligations, allowing a single payment or refund for each reporting/ payment period, across the taxes.

For example, if in a quarterly reporting/ payment period, a business had:

a GST credit of $15,000
a PAYG instalment liability of $6,000
a PAYG withholding liability of $1,500, and
an FBT liability of $1,000
Would the business need to make any payments?

Answer:
FBT of $1000 would need to be paid is lodgement is quarterly. FBT is separate from Income Tax.

Feedback:
Explanation reveals a lack of understanding the use of a BAS, have not identified the other taxes and if a payment will be required.

Change explanation
Question:
What is the importance of collecting, maintaining and providing accurate financial/ resource allocation records and reports

Answer:
For the successful conduct of business, a prerequisite is the availability of accurate financial information. The quality of the organization of the process of collecting, storing and providing accurate financial reports and reports on resource allocation has a direct impact on the effectiveness of management decisions taken. That is, leads to the achievement of the company's goals and the maximization of its goals.

Feedback:
Insufficient explanation of the affect upon managers and supervisors of collecting, maintaining and providing accurate financial / resource allocation records and reports
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