The Following Information Was Extracted from the Accounting Records of Penguin

question 19

Multiple Choice

The following information was extracted from the accounting records of Penguin Pty Ltd for the year ended 30 June 20X9:
$\begin{array} { l r } &\$\\\text { Interest revenue } & 500000 \\\text { Sales revenue } & 5000000 \\\text { Dividend revenue } & 1500000 \\\text { Depreciation expense } & 700000 \\\text { Wages and annual leave expense } & 1500000 \\\text { Other expense } & 3000000\end{array}$
The company income tax rate is 30%.
The annual leave expense totaled $300 000, and $100 000 of annual leave was paid during the year.
The dividend revenue is not assessable income.
-What is Penguin Ltd's taxable income for the 20X9 year?

• A)$300 000
• B)$250 000
• C)$600 000
• D)$500 000

Comprehend the impact of negative situations on leadership and organizational reputation.

Master the techniques of minimizing the potential negative impacts of organizational news.

Differentiate between direct and indirect communication strategies in sensitive situations.

Utilize social media effectively for monitoring and responding to stakeholder feedback.

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Definitions:

Selling Situation

The circumstances or environment in which a transaction between a buyer and a seller takes place, including factors like market conditions and customer needs.

Field Sales Call

A direct visit made by sales representatives to potential or existing customers in their locations to promote and sell products or services.

Salespeople's Compensation

The payment plan designed for sales personnel, often including a combination of salary, commission, and other incentives based on performance.

Business Customer

An entity, typically a company or organization, that purchases goods or services for use in the production of other goods and services, rather than for personal use.