Question:                                                                                                               Differentiate between spot versus future market, corporate charter versus bylaws with example

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter10: Forecasting Financial Statement
Section: Chapter Questions
Problem 8QE
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  1. Differentiate between spot versus future market, corporate charter versus bylaws with examples.
  2. Explain the major objectives and limitations of fundamental analysis and differentiate between ordinary and extra ordinary income with example. 

     3  Meghna cement has posted EBT for the year ended 2019, was     70,9000800 (BDT), and already this company paid BDT 20,50600 in advance for tax purpose. Meghna cement has earned BDT 640,000 as dividend income holding 32% of ACI stock and BDT 430,000 interest from BRAC bond. The corporate tax rate is 38%. Calculate the total tax obligation for this company for the year ended 2019 and adjusting prepayment how much Meghna cement has to pay the NBR

 

 

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