There are 20 houses in the outskirts of Morula village and each house must pay tax...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
There are 20 houses in the outskirts of Morula village and each house must pay tax in accordance to the house value and the tax is paid in the following criteria: i. House whose value is above P1 000 000 must pay a tax of 10%. ii. House with value above P750 000 must pay 7.5%. House with value above P500 000 must pay 5%. 111. iv. House with value above P250 000 must pay 2.5%. v. The houses whose value is below P250 000 don't pay any tax Draw a flow chart to represent this scenario. Convert the flow chart above into a working c code. There are 20 houses in the outskirts of Morula village and each house must pay tax in accordance to the house value and the tax is paid in the following criteria: i. House whose value is above P1 000 000 must pay a tax of 10%. ii. House with value above P750 000 must pay 7.5%. House with value above P500 000 must pay 5%. 111. iv. House with value above P250 000 must pay 2.5%. v. The houses whose value is below P250 000 don't pay any tax Draw a flow chart to represent this scenario. Convert the flow chart above into a working c code.
Expert Answer:
Related Book For
Accounting and auditing research tools and strategies
ISBN: 978-1118027073
8th edition
Authors: Thomas Weirich, Thomas Pearson, Natalie Tatiana
Posted Date:
Students also viewed these algorithms questions
-
Cassies is a wedding venue in the outskirts of Pretoria. Included in their packages are catering, accommodation, dcor and DJ services. Although dcor is included in their packages, they have been...
-
The following information relates to Wellworths Enterprises: 1. Balances on 1 October 2021 Equipment (including computers) at cost price Accumulated depreciation on equipment Bank (debit) Accrued...
-
In each diagram below, I and II represent sampling distributions of two statistics that might be used to estimate a parameter. In each case, identify the statistic that you think would be the better...
-
In SSL and TLS, why is there a separate Change Cipher Spec Protocol rather than including a change_cipher_spec message in the Handshake Protocol?
-
The DeMeo Corporation had both common stock and preferred stock outstanding from 20x7 through 20x9. Information about each stock for the three years is as follows: The company paid $140,000,...
-
The shareholders equity accounts of Cedeno Inc. at December 31, 2013, are as follows: Common shares (unlimited number of shares authorized, 1,000,000 issued) ... $3,000,000 Stock dividends...
-
On February 16, 2005, Joseph and Margaret Buset borrowed $192,000 from Fremont Investment & Loan (the Originator). The loan was secured by a mortgage on a residential condominium. The mortgage named...
-
Preparing master and flexible budgets Sexton Manufacturing Company established the following standard price and cost data. Sexton planned to produce and sell 2,000 units. Actual production and sales...
-
decribe the health sttsus of unit members (if any of the family describe below)Mother (29yo) and Father (32yo) 2 children (1 elementary, 1 high school) Origin: Mohawk (from Kahnawake) Address: 295,...
-
1. Assume that, after a rash of bicycle accidents in several cities nationwide, Congress enacts a federal statute prohibiting the use of bicycle couriers. The statute is intended to protect the...
-
Quigley Co. purchased a machine on January 1, 2016 for $1,403,000. It had an estimated residual value of $119,600 and a useful life of 11 years. An expense account was debited on the date of...
-
What are the main reasons that many U.S. franchise systems are expanding into global markets? Do you think this expansion will continue to gain momentum or will decline over time? Provide an example...
-
To date, every court case that has been adjudicated in the United States indicates that franchisors do not have a fiduciary responsibility to their franchisees. What do these rulings suggest to...
-
A firm based in Norway has found that its growth is restricted by the limited liquidity of the Norwegian capital market. List the firms options for raising money on the global capital market. Discuss...
-
Reread the Opening Profile, which focuses on Joseph Keeley and the franchise organization that he foundedCollege Nannies & Tutors. Think of an activity, other than nanny and tutoring services, that...
-
In his 2016 presidential campaign, Donald Trump repeatedly criticized the North American Free Trade Agreement (NAFTA) as an unfair deal in which Americans had been taken to the cleaners by Mexico....
-
T1_10: Assume that in an open economy: C = 40+ 0.65(Y - T); G = 10; 1 = 20; T = 0, where T are taxes. EX = 5+ 4EP*/P; IM = 10 + 0.1 (Y - T) - 3EP*/P; E = 3; P* = 1.5; P = 2. Find Y
-
What are conversion costs? What are prime costs?
-
Assume that your older sister agrees to tutor you for a month in math. She normally charges clients $500 for similar services. In return, you agree to write a brief memo explaining the tax...
-
Use the advanced search to locate code sections relating to not-for-profit revenue accounting. List the first three relevant code sections.
-
Use either the SEC website or a database described in the next chapter and locate the following SEC sources. What Does Rule 10(b)(5) discuss?
-
Suppose you currently expect the stock in Example 10.1 to earn a 10% rate of return. Then some macroeconomic news suggests that GDP growth will come in at 5% instead of 4%. How will you revise your...
-
The risk-free rate is 8% and the expected return on the market portfolio is 16%. A firm considers a project that is expected to have a beta of 1.3. a. What is the required rate of return on the...
-
Fidelity provides data on the risk and return of its funds at www.fidelity.com. Click on the News and Research link, then choose Mutual Funds from the submenu. In the Search and Compare Funds...
Study smarter with the SolutionInn App