icome taxes

chandniwadhwani92
Finance Junkie
Posts: 166
Joined: Mon Oct 06, 2014 7:36 am

icome taxes

Postby chandniwadhwani92 » Tue Nov 11, 2014 6:08 am

chandniwadhwani92 Tue Nov 11, 2014 6:02 am
icome taxes
Finacial Reportif for 4 years

YEAR1 YEAR2 YEAR 3 YEAR4
REVENUE 50000 50000 50000 50000
DEP 30000 30000 30000 30000
Tax RATE 40%
TAX REPORTING
YEAR1 YEAR 2 YEAR3 YEAR4
REVENUE 50000 50000 50000 50000
DEP 40000 40000 40000 40000
TAX RATE 40%

WHAT WOULD BE INCOME TAX PAYABLE FOR 4TH YEAR
AND 4TH YEAR DTA WOULD BE IN( -SIGN OR+ SIGN)

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

icome taxes

Postby edupristine » Tue Nov 11, 2014 8:20 am

Income Tax payable for fourth year would be:

(50000-40000)*0.40 = 4000


Return to “CFA Level I”



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