This chapter noted that returns on investment are taxable, whereas returns of investment are not taxable. What
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Returns of investment are not taxable due to the capital recovery concept Returns on an investment r...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
Question Posted:
Students also viewed these Business Law questions
-
What is the conceptual basis for CSR?
-
Explain the following terms and explain why they were important during the housing and credit crisis of 2007 2009. Securitization Subprime loan Asset write- down 3.
-
This chapter noted that chickens and the chicken of the sea (tuna) are fundamentally different in terms of population though they are both food. Indeed, chickens are eaten far more than tuna, and...
-
Computer Technologies provides maintenance service for computers and office equipment for companies throughout the Northeast. The sales manager is elated because she closed a $300,000 three-year...
-
Define (a) Elution. (b) Stationary phase. (c) Retention time. (d) Selectivity factor.
-
David and Lilly Fernandez have determined their tax liability on their joint tax return to be $2,100. They have made prepayments of $1,900 and also have a child tax credit of $2,000. What is the...
-
To analyze a firms existing investments, and to identify differential advantages that explain excess returns on existing investments. Key Questions: 1. What are the firms competitive strengths and...
-
On January 1, 2012, Norma Smith and Grant Wood formed a computer sales and service enterprise in Soapsville, Arkansas, by investing $90,000 cash. The new company, Arkansas Sales and Service, has the...
-
Suppose Marc Technologies has an equity cost of capital of 8%, market capitalization of $6.8 billion, and an enterprise value of $10.2 billion. Suppose Marc's debt cost of capital is 4.1% and its...
-
Repeat Problem 1 to determine the percentage return on your investment but in this case suppose the price of the stock falls to $40 per share. What generalization can be inferred from your answers to...
-
What effect does an asset's adjusted basis have in determining the gain or loss realized upon its sale?
-
Prizes and awards are generally taxable. Under what conditions is the receipt of a prize or award not taxable?
-
What is the function of the moderator in a uraniumfueled nuclear reactor?
-
Users can reasonably expect audited financial statements to be: a. Complete, with adequate disclosures of all items of a material financial nature. b. Presented fairly according to the substance of...
-
Why are some tests of controls performed during the interim period?
-
Examine Marks and Spencer Groups results since 2010. Has the expansion of the company been successful in leading to a big enough increase in profits?
-
Describe the four procedures that can be used in conducting tests of controls.
-
What is the purpose of tests of controls?
-
When can a person refuse to give information to law enforcement officers?
-
State whether each statement is true or false. If false, give a reason. {purple, green, yellow} = {green, pink, yellow}
-
What is a Firm Worth? What is discounted cash flow (DCF) valuation? Can it be used to estimate the value of companies? What businesses could we value using DCF valuation? What are the advantages and...
-
What was the problem with the changes to ITTs manual?
-
Were the plaintiffs claiming the new manual did not create a contract because there was no consideration?
-
How can ITT, or any company, change its employee manual?
-
models in healthcare that apllies to communication and socio - economic influences
-
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mhe xam 2 (Chapters 6 & 7) 10. Problem (2 parts) 10 2 Dints 00:57:28 Saved You loaned...
-
Research for a bond mutual fund offered here in the Philippines A. Name of theFund B. The composition of the Fund C. When is the Inception Date of the Fund D. Explain the current net asset value per...
Study smarter with the SolutionInn App