Uuestions: What does LTD stand for and means?
1.2.
What do we mean by internal statements?
(2)
Why is it so important for a company to prepare financial statements?
(2)
Gross profit has improved by R50 000. Suggest TWO ways to improve it further in
2018
Calculate the Profit after tax for 2018 if the income tax is 28% of the net profit.
1.6.
1.7
SARS Income tax for 2017 was debited and for 2018 credited. Explain the difference
between the two
(4)
Why a company pays tax? Which GAAP principle supports this?
The Directors asks for your advice, they want to manipulate the income tax to be paid
to SARS by not subtracting prepaid expenses from operating expenses.
1.8.1 Would you agree with them? Motivate.
(3)
1.8.2 Which GAAP principle will be interfered with?
1.8.3 What could be the consequences to the company if SARS can find out that
they overstated figures?​

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answerrecover no damages from the driver;

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming  took charge and showed us the understanding of this project.  his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group.  i think  a leader i would have done exactly  what he did but with much more patience and be there more to explain. such as lunch  learning. and giving everybody a chance to try to explain it in their  head.