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    Stuck on a topic saima321

    In question 1 of 2012 , I cant see where you get the investment income due from when it says its for 01/01/11

    i know the investment income is 12000 but where do you get due from ?

    1. avatar image

      foleyj

      Investments of €300,000 were acquired on the 1st of January 2011 and the interest agreed was 4% which is €12,000.

      This €12,000 is for 12 months which is until the end of Dec.

      It says that the patents includes 3 months investment interest i.e €3,000 which means that €9,000 is due (12,000 - 3,000).

    2. avatar image

      saima321

      thanks...

    3. avatar image

      rwalsh99

      devide by 7

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      Me

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