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Help Explain This Financial Statement. (pics) - Romance (2) - Nairaland

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Re: Help Explain This Financial Statement. (pics) by Nobody: 11:18am On Jan 16, 2019
[quote author=Jamariwolff post=74802741] I cant not help with.
Welldone sir, u couldn't detected your own gbagaun abi.
You couldn't DETECT yours either.
Re: Help Explain This Financial Statement. (pics) by Jamariwolff(f): 11:27am On Jan 16, 2019
[quote author=Jayhazard post=74812844][/quote] shattap its intentional
Re: Help Explain This Financial Statement. (pics) by Nobody: 11:28am On Jan 16, 2019
Jamariwolff:
shattap its intentional
Excuses Lol.
Re: Help Explain This Financial Statement. (pics) by Jamariwolff(f): 12:11am On Jan 17, 2019
Jayhazard:

Excuses Lol.
silly!
Re: Help Explain This Financial Statement. (pics) by okitejoseph: 8:42am On Sep 11, 2019
Every financial statement has it own structure...
Re: Help Explain This Financial Statement. (pics) by ednut1(m): 9:08am On Sep 11, 2019
Accounting profit is not actual cash self. So you cant get actual take home from this. Ednut1 ACA say so
Re: Help Explain This Financial Statement. (pics) by Deandean: 7:11pm On Sep 13, 2019
Iamgrey5:
How can a company pay the tax of 4millon on a profit of 5millon plus ? How is the tax rate calculated? what is the rate ?

I suspect the company has padded its financial statement

Lol,its a professional exam question,any figure can b used,besides its just provision for tax not actual tax paid,also there could be deferred tax liability from previous assessment year(s).
Re: Help Explain This Financial Statement. (pics) by Iamgrey5(m): 7:15pm On Sep 13, 2019
Deandean:


Lol,its a professional exam question,any figure can b used,besides its just provision for tax not actual tax paid,also there could be deferred tax liability from previous assessment year(s).
It paid 6m tax the previous year, So what is the deferred tax here?
Re: Help Explain This Financial Statement. (pics) by Deandean: 7:23pm On Sep 13, 2019
Amakababe:
sorry ma'am. This is my dad's company. My dad, mum, and I make up the limited liability company. I took a pic of it bcuz i wanted to knw my dad's take home. There's only one stinking broke hoodrat bitch here, and thats you. Shameless prĂ²stitute! Idiat
Haaaaaa cheesy,u this gae,this is an exam question, i took this may diet in 2016,i wunt mention d exam,but to call it your dad's company result....haaaa. haaaa,this workd z wicked o,just oppressing modest Nigerian on emptiness grin grin grin....laslas,na Buhari cause am,when him self submit bank teller as waec result.

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Re: Help Explain This Financial Statement. (pics) by Deandean: 7:30pm On Sep 13, 2019
Iamgrey5:
It paid 6m tax the previous year, So what is the deferred tax here?

Lol...the previous yr to the yr under discussion is 2016,all d same,I'm just sayin there could b a possibility of deferred tax.i no say you know book bros. grin

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Re: Help Explain This Financial Statement. (pics) by Iamgrey5(m): 7:44pm On Sep 13, 2019
Deandean:


Lol...the previous yr to the yr under discussion is 2016,all d same,I'm just sayin there could b a possibility of deferred tax.i no say you know book bros. grin
Yeah I saw that, I made a mistake to think it was 2016 initially.

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