Walk for Life (Pty) Ltd is a South African resident. A manufacturing business that manufactures shoes. The different types of shoes manufactured include running and walking shoes, as well as high heels and flip-flops. The company’s financial year ends on 31 March. Walk for Life (Pty) Ltd is a registered VAT vendor and the company does not use the IFRS 9 accounting standard for financial reporting purposes. The following information is available to calculate the normal tax liability of Walk for Life (Pty) Ltd for the year of assessment ended on 31 March 2021 (all amounts exclude VAT unless otherwise stated): Receipts and accruals Notes R Sales 3 500 000 Dividend income 1 28 000 Expenditure and costs Purchase of raw material 856 522 Inventory 2 ? Bad debts 46 200 Doubtful debts 3 ? Employee expenses 4 806 000 Legal cost 5 23 000 Design acquired 6 41 300 Repairs and maintenance 7 25 000 Electricity 8 36 500 Restraint of trade 9 160 000 Notes: 1. A dividend of R28 000 accrued to Walk for Life (Pty) Ltd on 15 August 2020 from a wholly owned South African subsidiary company. 2. The cost price of the opening stock was R310 000 and the market value was R285 000 as on 1 April 2020. The cost price of the closing stock was R365 000 and the market value was R425 000 on 31 March 2021. 3. The list of doubtful debts as at 31 March 2021 amounted to R69 000. The doubtful debt allowance allowed by the Commissioner for the 2020 year of assessment, amounted to R18 750. 4. Salaries paid during the current year of assessment amounted to R750 000 and the company also contributed R56 000 towards the provident fund on behalf of the company’s employees 5. Legal costs of R23 000 incurred were paid on behalf of one of the company’s directors and formed part of his salary as a fringe benefit. 6. Walk for Life (Pty) Ltd incurred an expense of R41 300 in acquiring a design on its children’s shoes that lights up when walking with them 7. An amount of R25 000 was incurred on painting the entire exterior of the manufacturing building. The building was badly damaged due to excessive rainwater filtering through the cracks 8. The company paid an amount of R36 500 in respect of electricity for the period 1 March 2021 to 30 October 2021. 9. R160 000 was paid to the former financial manager on 1 March 2021 for agreeing not to start a similar business in the Republic within a period of five years. Only R120 000 constituted income in the former employee’s hands. YOU ARE REQUIRED TO: Calculate Walk for Life (Pty) Ltd’s taxable income for the 2021 year of assessment.

Answer:

Resources are limited.

Production requires resources.

Everyone wants or needs goods.

Explanation:

Different regions provide different resources that people can use for their business. People in that region need to understand the type of resources that are available for them and produce the goods that can be sustained by the available resource.

This scarcity means that acquiring resources require a certain amount of capital. Since people do not unlimited capital, they have to be picky with their consumption/production to ensure the ones with highest priority are fulfilled first.

On top of that, everyone wants or needs goods. Meaning that in order to obtain a certain resources, people will have to face competition. As the competition become more fierce, the sacrifice that is needed to obtain a certain product is increased. This is also why they have to watch out which product they should choose to consume.

Answer:B,C,D

Explanation:

According to The Restatement, Second, of Contracts, a contract is defined as "a promise or set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty."

The Restatement (Second) of Contracts is a legal treatise that provides guidance and analysis on contract law in the United States. This definition highlights the essential elements of a contract.

First, a contract involves promises made between parties. These promises can be explicit or implied and create obligations that the parties are legally bound to fulfill.

Second, the breach of a promise gives rise to a legal remedy, meaning that if one party fails to fulfill their obligations, the other party has the right to seek compensation or enforce the agreement through legal means.

Lastly, the law recognizes the performance of the contract as a duty, emphasizing the enforceability and legal significance of contractual obligations.

The definition provided by The Restatement, Second, of Contracts, encapsulates the fundamental principles of contract law, emphasizing the importance of promises, remedies for breach, and the legal recognition of contractual duties.

It serves as a valuable reference for legal professionals and scholars in understanding the nature and scope of contractual agreements.

In conclusion, The Restatement, Second, of Contracts defines a contract as a legally binding promise or set of promises that create enforceable obligations and provides remedies for breach. This definition establishes the core elements of a contract and guides the interpretation and application of contract law principles in the United States.

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Answer:

Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.

Management cost should be considered when seeking for solutions to a problem or goal.

Dollar cost in this context means cost of purchasing (i.e. fixed cost) to achieve a solution to a problem or goal.

For instance, when a person plans to establish a Private Kindergarten school, the dollar cost will include cost of rent, desk, chairs and etc.

However, the other cost one should consider is the Management cost will will help to achieve the goal. The more qualified and equipped the management, the higher the possibility of achieving the solution to a problem.

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The responsibilities of the film editor would be to:

This is the person that is in charge of all that has to do with the turning of the uncut images that are from a film shoot into a more finished product. The editor is one that has to do with job of studying the scripts of movies and then developing the movies in a post production effort.

Hence we can say that the responsibilities of the film editor would be to:

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Answer:

The sales tax

Explanation:

Answer:

e. implementation timetable

Explanation:

This set of sequential activities can be described as an implementation schedule, which is developed in an organization with the aim of organizing tasks according to the needs of development and completion so that the objectives of a given project are achieved effectively. .

It is also necessary that the schedule is monitored and updated when necessary, according to the needs of a given project and its demands over time.

Answer:

She will break even each month / cover her costs by selling 2 necklaces

Explanation:

Answer:

open fridge!!!

Explanation:

STEP 1: open fridge

STEP 2: find the egg then grab with hand!!!!!!!!

(Its really hard!!)

The essential step to ensure that merchandise is floor-ready is ticketing. Ticketing involves the process of attaching price tags, security tags, and other relevant information to the merchandise to make them ready for sale. The correct answer is option c.

This step ensures that the products are properly identified and priced, making it easier for customers to make a purchase. Cross-docking and break-packing are important steps in the supply chain process that involve the efficient movement of goods from one place to another. Warehousing is the storage of goods before they are sent to their final destination.

Retailing is the final step in the process, which involves selling the products to customers. However, without proper ticketing, merchandise will not be ready for sale and may result in confusion and delays for both employees and customers. Therefore, ticketing is the most essential step in ensuring that merchandise is floor-ready.

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Answer:

a. resources

Explanation:

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.

Migration selectivity can be defined as the likelihood or tendency that a subset (part) of a group of people are going to move (migrate) out of a particular geographical location or area.

Some of the factors that influence migration selectivity are income level, age, education, gender etc.

A critique of modernization theory suggests that neocolonialism causes underdevelopment, and that poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.

Poor countries stay underdeveloped because the global economic system extracts and transfers resources to developed nations.

The answer to this question is option a. A lot of countries are blessed with a lot of natural resources yet they remain very poor and dependent on other first world nations.

Neo colonialism means that some of these nations are still heavily influenced by the nations that they are highly dependent on.

The continent of Africa is blessed with a lot of natural resources. Crude oil for instance, but most of these resources are transported abroad and the continent remains underdeveloped.

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Financial literacy is the capacity to comprehend and utilize a variety of financial skills, such as investing, budgeting, and personal financial management.

Financial literacy is a lifelong journey of learning that lays the groundwork for your relationship with money.

People can weigh their options and make informed choices for their financial situations with strong financial knowledge and decision-making skills, such as deciding how and when to save and spend, comparing costs before making a big purchase, and planning for retirement or other long-term savings.

Having the knowledge, abilities, and self-assurance to make responsible financial decisions is financial literacy. The ability of individuals to use the knowledge, abilities, and self-assurance they have acquired to make choices that are appropriate to their particular circumstances is referred to as making responsible financial decisions.

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As a general matter, banks are high leverage and low margin entities. Their capital levels are generally in the area of percentage of  8% assets under Basel III.

Investors view a bank's net worth or equity value as being the difference between its assets and liabilities, or bank capital. The asset component of a bank's capital is made up of cash, bonds, and loans with interest for e.g., mortgages, letters of credit, and inter-bank loans. The liabilities portion of a bank's capital includes loan-loss reserves and any outstanding debt. The amount by which creditors would still be paid if a bank had to liquidate its assets is known as capital.

Tiers of regulatory bank capital are established by Basel III. They are based on a bank's subordination and its capacity to absorb losses, with a clear separation between capital instruments used when the bank is still solvent and those used after it declares bankruptcy. The book value of common shares, paid-in capital, and retained earnings less goodwill and any other intangibles make up common equity tier 1 (CET1). CET1 instruments must be of the highest subordination and lack maturity.

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Answer:

Net Loss

Explanation:

Answer:

Qualitative data

Explanation:

Qualitative data is one that is used to characterise and categorise attributed of a population, as such it does not involve the use of numbers.

For example sex, state of origin, citizenship, name, and so on.

On the other hand the other options can be expressed as numbers. That is Personal Information, Target Market Data, and Quantitative data.

Basically qualitative data is descriptive rather than quantitative

Zingaro is justified in thinking that the unpolished stones may not be suitable for printing.

Zingaro has reason to doubt the suitability of unpolished stones for printing based on the Brinell's hardness index requirement of at least 150. To determine if their suspicion is justified, we can perform a statistical analysis of the data provided.

Using a significance level of 5%, we can conduct a one-sample t-test to compare the mean hardness of the unpolished stones to the required hardness level of 150.

The null hypothesis would be that the mean hardness is equal to 150, and the alternative hypothesis would be that the mean hardness is less than 150.

Analyzing the data, we calculate the sample mean hardness of the unpolished stones and find it to be less than 150. By conducting the appropriate statistical test, we can determine if this difference is statistically significant.

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For the question "Does the court have subject matter jurisdiction over this action" Yes because the action is based on a violation of federal securities law. Option B. This is further explained below.

Generally, jurisdiction is simply defined as the authority to issue binding rulings in a legal matter.

In conclusion,"Does the court have subject matter jurisdiction over this case." In this case, yes, since the alleged wrongdoing constitutes a violation of federal securities laws.

CQ

Three shareholders brought an action in federal district court for a violation of federal securities law against a corporation. The shareholders sought certification of a class of all persons who had purchased stock during a two-year period. The members of the class suffered damages that ranged from $75 to $65,000, with the total damages sought-just exceeding $3 million. Some members of the class are citizens of the same state as the corporation but none of the three representative shareholders is a citizen of the same state as the corporation.

Does the court have subject matter jurisdiction over this action?

Yes, because none of the three representative shareholders is a citizen of the same state as the corporation.

Yes, because the action is based on a violation of federal securities law.

No, because no member of the class has suffered damages in excess of $75,000.

No, because some members of the class are citizens of the same state as the corporation.

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Products that are excluded from the requirement to designate the country of origin include those that are too small to be marked or those that could be harmed by labeling. In this case, the country of origin logo must be visible on the product package.

This label would enable consumers to make more informed decisions when buying manufactured goods. We also need to be aware of the place of the manufacturing process in order to protect ourselves from harmful, unsafe, substandard, and false items.

The most important tool for sales is product expertise. It might be difficult to convince a customer that the products you are trying to offer them will suit their needs by emphasizing their advantages or disadvantages. This involves knowing your competitors, your advantages, and the cold, hard facts.

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Answer:

4

Explanation:

Its every 4 mins we see ads

Alicia has to pay $15,500. Meanwhile, her insurance pays $25,000.

After reducing her policy coverage from $50,000 to $25,000 this implies that her insurance would only cover any claim up to a maximum of $25,000.

In this case, we subtract the amount to be compensated according to the verdict ($40,000) from $25,000 to get the amount not covered by her policy and which Alicia would have to pay herself

40000-25000 = 15000

$15,000 + $500 deductible = $15,500.

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Which skills are most probable to start at delivery and broaden as a person matures? people's Skills are due to the fact you're born knowing how to interact with human beings and your skills most effectively get better as you grow up.

Skills are the learned potential to perform a motion with determined effects with accurate execution often inside a given quantity of time, power, or each. abilities can often be divided into domain-well-known and area-specific abilities.

Skills importance: They can be gentle capabilities, inclusive of problem-fixing abilities, powerful communique, or time control, or hard competencies, like pace typing, and the use of Powerpoint or Excel. sense unfastened to encompass any widely wide-spread abilities even if they may be no longer particularly required or cited within the activity description.

A critical skill is an important developed potential or capacity obtained via planned, systematic, and sustained efforts to easily and adaptively carry out complicated activities or activity functions regarding ideas, matters, and/or human beings. non-public talents are acknowledged as soft capabilities which are not clean to educate (despite the fact that no longer impossible). they're additionally referred to as interpersonal or even 'human beings' capabilities. Examples encompass dependability, adaptability, motivation, trouble-fixing, and analytical competencies.

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People skills are most likely to start at birth and develop as a person matures.

Childhood social and personality improvement emerges via the interplay of social impacts, biological maturation, and the kid’s representations of the social world and the self. This interaction is illustrated in a discussion of the impact of great relationships, the improvement of social know-how, the increase of personality, and the improvement of social and emotional competence in youth.

This interaction may be discovered within the development of the earliest relationships among babies and their mother and father in the first yr. sincerely all toddlers residing in everyday circumstances increase strong emotional attachments to individuals who take care of them. Psychologists agree with that the improvement of those attachments is as biologically natural as studying to walk and not in reality a byproduct of the mother and father’ provision of food or warmth. alternatively, attachments have developed in human beings because they sell youngsters’s motivation to live close to folks who care for them.

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Disclosing confidential information of a past employer to gain an advantage at a new job is a violation of the confidentiality standard of ethics.

Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior". The field of ethics, like aesthetics, is concerned with matters of value; together, these fields comprise the branch of philosophy known as axiology.

Furthermore, ethics investigates the rational basis for our moral judgments; it investigates what is morally right or wrong, just or unjust. In a broader sense, ethics considers human beings and their interactions with nature and other humans, as well as freedom, responsibility, and justice.

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The receivables balance is $800,000. With an annual credit sales volume of $7,300,000, the days sales outstanding (DSO) are 40. 40 = AR/(7300000/365), AR = $800,000, and DSO = AR/(S/365).

Days Sales Outstanding (DSO) tracks how long it typically takes a company to get paid for a transaction. DSO is frequently computed monthly, quarterly, or annually. DSO is computed by multiplying the result by the number of days in the period under consideration and dividing the average accounts receivable for a particular period by the total of credit sales over the same period. Days Sales Outstanding (DSO) is calculated by dividing Total Credit Sales by the number of days.

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Al pizza shop format is an example of market segmentation.

The word market segmentation is known to be the act or the process where there is the sharing or division of broad consumer or business market.

Here,  it is known to be made up of pre-existing and potential customers, which are shared into sub-groups of consumers regarded as segments and they are also based on some kind of shared characteristics.

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The three competitive factors that impact only Internet sales and market share in a region include:

1. The average retail price each company charges at its regional websites and whether a company offers free shipping or requires customer paid shipping.

This factor is important as it directly affects the consumer's decision to purchase from a particular website. Customers are often drawn to websites that offer competitive prices and free shipping.

2. Company expenditures for merchandising support paid to third-party online retailers. This factor refers to the amount of money a company spends on advertising and promoting its products on third-party websites.

The more a company invests in advertising, the more likely it is to attract potential customers to its own website.

3. The S/Q rating of the branded footwear being sold at each company's regional websites. S/Q rating refers to the style and quality of the products being sold. Customers are more likely to purchase from websites that offer high-quality, stylish products that meet their needs and preferences.

It is important for companies to consider these factors when competing in the online marketplace as they can significantly impact a company's sales and market share.

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Answer:

Big Bean

Explanation:

The expected weekly cranks output should be 3,693.60.

The following formula should be applied:

= Number of cranks produced per hour × number of hours operated per day × number of days per week × expected machine running percentage × efficiency level

= 95 × 9 × 6 × 90% × 80%

= 3,693.60

Therefore we can conclude that The expected weekly cranks output should be 3,693.60.

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A party can be discharged from a contract by impossibility of performance, breach of contract, rescission, frustration of purpose, operation of law and illegality.

1. Performance: The parties fulfill all the terms and conditions of the contract, and the contract comes to an end. A party is discharged from a contract when they have fully performed their contractual obligations.
2. Mutual agreement: Both parties agree to end the contract by mutual consent. Both parties may mutually agree to terminate the contract, thereby discharging their obligations.
3. Impossibility of performance: The performance of the contract becomes impossible due to unforeseeable events, such as war, natural disasters, or death of the parties involved.
4. Breach of contract: A party breaches the contract, and the non-breaching party can choose to terminate the contract.  If one party breaches the contract, the other party can be discharged from their obligations.
5. Rescission: One party can request the court to rescind or cancel the contract due to misrepresentation, fraud, or mistake.
6. Frustration of purpose: The objective of the contract becomes meaningless due to unforeseeable events, such as a change in law or regulation.
7. Operation of law: The contract becomes illegal due to a change in the law, or the contract is declared void by the court. A party can be discharged by operation of law, such as bankruptcy, which makes it impossible for the party to fulfill their contractual obligations.
8.  Illegality: If the subject matter of the contract becomes illegal or the contract itself is found to be against public policy, a party can be discharged from the contract.

By understanding these eight ways, you can better navigate the circumstances that may lead to a party being discharged from their contractual obligations.

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Answer:

B

C

E

Explanation:

The other options do not make sense so these are the right answers I think, lol

Reasons why the CMO in the chapter example wanted to revamp the marketing plan:

2. People's tastes changed

3. Customers increasingly preferred organic

5. Demand for chicken sandwiches varied widely​

Chief medical officer (CMO) is the title used in many countries for the senior government official designated head of medical services, sometimes at the national level. The post is held by a physician who serves to advise and lead a team of medical experts on matters of public health importance.

Chief medical officers are healthcare administrators who oversee the effective management of medical centers. They are responsible for managing clinical operations, liaising between the administration and medical staff, and ensuring that patients receive the highest standard of medical care.

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Answer: Individuals benefit from health insurance because it's helps them pay off health debt when they may not have the funds at the moment to do so, especially in cases where the bills can be very expensive.

Explanation:

Health insurance could be described as insurance that covers the health bills of individuals when they are sick or have an accident.

Individuals benefit from health insurance because it's helps them pay off health debt when they may not have the funds at the moment to do so, especially in cases where the bills can be very expensive.

Health insurance would likely be a problem in the future due to the cost. Health bills can be very expensive, especially when it involves illness that require lots of operations or much bills to pay. This has made organizations begin to withdraw the benefits of health insurance for their staff.