Calculate the amount payable if equipment to the amount of R7 400 (VAT exclusive) was purchased by a business registered as a VAT vendor:Instructions for numeric response:1. Please round your answer to the nearest rand (eg: 1000)2. Only show the amount, do not show the "R" (eg: 1000)

Africa Traders is not a registered VAT vendor and buys and sells furniture. Africa Traders sold a dining room table for R17 500. The mark-up percentage on cost is 5%.What is the profit the entity will make on this product?Instructions for numeric response:1. Please round your answer to the nearest rand (eg: 1000)2. Only show the amount, do not show the "R" (eg: 1000)

Compute for Net VAT Payable on VAT “inclusive” Sales/Receipts: Total Value Sales (VAT inclusive) = Php 127,000.00Total Purchase with VAT receipts (VAT inclusive) = Php 58,000.00a.Php 7,392.86b.Php 7,372.85c.Php 7,382.85d.Php 7,392.85

Below is the data of selected accounts of a taxpayer, with VAT and non-VAT business. No inventories were done at the start and end of the taxable period.   Purchases, all from VAT suppliers,     Exclusive of VAT                                             Php 750, 000   Sales, exclusive of any tax:     Exports, VAT business                                          850, 000     Exports, non-VAT business                                 600, 000     Domestic sales, VAT business                             200, 000     Domestics sales, non-VAT business                  250, 000 How much is the net VAT payable (refundable) for the month?

Write code that allow the user to enter the price of an item and the quantity. The program should calculate it and print total including VAT using the following formula: Total =  Price * Quantity * 1.1For example, if the user enters 2 as price and 5 for quantity, then the program will print "Total price with VAT: 11.0"

A watch was bought for ₹ 2,700 including 8% VAT. Find its price before the VAT was added.