Calculate the chargeable gain arising on the disposal described in the above example. RPIs are 79.44 for
Question:
Calculate the chargeable gain arising on the disposal described in the above example. RPIs are 79.44 for March 1982 and 272.9 for September 2017 .
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
a b Sale proceeds Less Original cost Market value 31382 Unindex...View the full answer
Answered By
Carly Cimino
As a tutor, my focus is to help communicate and break down difficult concepts in a way that allows students greater accessibility and comprehension to their course material. I love helping others develop a sense of personal confidence and curiosity, and I'm looking forward to the chance to interact and work with you professionally and better your academic grades.
4.30+
12+ Reviews
21+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Alan bought a chargeable asset for 2,000 in April 1978 . The asset was sold for 29,500 in Janua ry 2018 . Compute the chargeable gain arising on this disposal if the asset's market value on 31 March...
-
In March 2010, Sean acquired a pair of matching antique silver candlesticks at a cost of 4,000. In August 2017 he sold one of the candlesticks to James for 6,750. At that time the other candlestick...
-
Sherjeel made the following acquisitions of ordinary shares in Truculent plc: Date 27 September 2000 28 July 2002 3 February 2007 5 July 2011 Number of shares 1,200 800 500 300 Cost 3,600 2,800 2,000...
-
A climate model predicts that Earth's ECS is 2.0 K. If the radiative forcing from a doubling of CO2 is 3.7 Wm 2, and the Planck feedback simulated by the model is -3.4 Wm 2K what is the sum of all...
-
Female houseflies attract males by sending a chemical signal known as a pheromone. The substance emitted by the female housefly that attracts the male has been identified as cis-9-tricosene, C23H46....
-
Describe how to perform an operation removeAllElements(k), which removes all key-value pairs in a binary search tree T that have a key equal to k, and show that this method runs in time O(h + s),...
-
The scientific name of a species (a) consists of two parts, the family name and the species name. (b) is always underlined. (c) is always in Latin. (d) includes only the species name.
-
Presented below are two independent situations. 1. Heath Cosmetics acquired 15% of the 200,000 shares of common stock of Van Fashion at a total cost of $13 per share on March 18, 2010. On June 30,Van...
-
During the procurement process, how does the ERP system determine which vendor account to use? Explain.
-
A company has taxable total profits of 5,000,000 for an accounting period. Explain how the corporation tax liability for this period will be calculated if: (a) the accounting period is the 12 months...
-
A company acquired a chargeable asset for 2,000 in April 1980 and sold the asset for 22,500 in September 2017. Compute the unindexed gain arising on this disposal if the market value of the asset at...
-
a. The event {X2 ¤ y} is equivalent to what event involving X itself? b. If X has a standard normal distribution, use part (a) to write the integral that equals P(X2 ¤ y). Then...
-
Which budget type has a continuous timeframe where when one period ends, another period is added?
-
Actual interest rates for one and four-year bonds are 5.25% and 5.95% respectively. Using expectations theory , what is the expected interest rate for a three-year bond one year from today?
-
The solution to ("3) (53) = 4 is:
-
The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Credit Accounts Cash Accounts Receivable. Prepaid Rent Supplies Land Accounts Payable: Salaries Payable...
-
You made an investment of $100. Four years later the Investment is worth $175. What is the a GEOMETRIC MEAN RETURN for this investment?
-
Repeat Problem 57, with the pressure now kept constant.
-
Subprime loans have higher loss rates than many other types of loans. Explain why lenders offer subprime loans. Describe the characteristics of the typical borrower in a subprime consumer loan.
-
U Ltd has three subsidiaries (one of which is dormant) and has the following results for the year to 31 December 2021: Compute the corporation tax liability for the year and state the date (or dates)...
-
Armco1 Ltd and Armco2 Ltd are 100% subsidiaries of Headco Ltd, which has no other subsidiaries. They are all UK resident and the group has existed for several years. How will the relationship of the...
-
Glenda has been self-employed for many years and prepares accounts to 31 March each year. Her adjusted profits (after deduction of capital allowances) are currently running at approximately 80,000...
-
A composite shaft consists of a steel rod 60 mm diameter surrounded by a closely fitted brass tube shown in Fig. 3. When a torque of 1000 Nm is applied to the overall shaft, it will be shared by the...
-
L. C. Body Boards Inc. Budgeting Project As the head accountant for L. C. Body Boards Inc., you are responsible for preparing the company's master budget for the first quarter of 20XX. The...
-
develop a class that models a bank account and includes functionalities for depositing funds, withdrawing funds, and inquiring about the current balance?
Study smarter with the SolutionInn App