August 2019
Intermediate to advanced
550 pages
22h 47m
English
receivable quarterly in advance, allowing for a sinking fund at a given rate to replace the invested capital and for the effect of income tax at 35% on that part of the income used to provide the annual sinking find instalment.
AT RATES OF INTEREST*FROM4% to 20%ANDALLOWING FOR THE POSSIBLE INVESTMENT OF SINKING FUNDS AT3% to 4%INCOME TAX at 35%
*Note:—In computing the Quarterly in Advance figures in these tables, all the rates of interest quoted are effective rates; see the Introductory Section, pages xxxi–xxxiv.
| Income Tax 35%Sinking Fund 3% | YEARS’ PURCHASE* | Quarterly in Advance | |||||||
| Rate per Cent* | |||||||||
| Yrs. ... | |||||||||
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