2014 September no 3 Can i know why this statement "The taxpayer sold his family home, realising a profit, in order to move to a smaller property." subject to Capital Gain Tax? 2014 September no 9 How will the components of the return on capital employed ratio be affected if a company charges depreciation too slowly? Can I know why the answer is Return will be overstated and capital employed will be overstated. ? 2014 September no 13 Can I know the meaning of unbiased reflections of the shares’ “true” value? 2014 September no 14 Can I know why the answer say so?That only happens in practice because the directors often maintain the dividend per share after a small scrip issue and so it might be viewed as a signal that the board intends to increase dividends. 2014 September no 19 Can I know exactly what should i answer for this question? and for b why the answer said that "There is likely to be an optimal level of gearing because our two founders are unlikely to be able to create their own gearing, which is the basis of the MM irrelevance argument."and why , "the gearing level should be sufficient to get the best of the lower gross cost and the tax relief compared to the higher cost of equity."
