RQ THREE The following information relates to the financial data of Joseph Pension
fund for the year ending 2012. Your duty is to determine the tax liabilities of
the company for that year.
Tshs
Retirement contribution
6,000,000
Investment income
2,000,000
8,000,000
Less:
Retirement payments
1,000,000
Management expenses
2,000,000
Depreciation allowance as per ITA 2004 1,000,000
Income before tax
4,000,000
Continuing the example of Joseph Pension fund
The information below relates to the financial data of Joseph Pension fund
for the year ending 2012. The fund has been an approved fund since 1st
January 2008, but it ceased to be approved on 31st December 2011.
From the time when it was an approved pension fund to 31st December
2011, it collected Tshs 150,000,000 and Tshs 50,000,000 as retirement
contribution from resident and non-resident payers respectively. And it
made retirement payments of Tshs 80,000,000 and Tshs 20,000,000 to
resident and non-resident individuals respectively.
Determine the tax liabilities of the company for the year ending 31st
formation nresented below

Should the government be downsized? which functions should be cut back? which ones should be expanded?

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?