Question & Answer: 25 marks a business that arranges accommodation for foreign students coming to New Zealand For the first two years, the bu…..

25 marks a business that arranges accommodation for foreign students coming to New Zealand For the first two years, the business has made losses but in the year to 31 March 2017, the company made a profit of S40,000 which absorbed the prior years losses and resulted in a tax liability of $3,700. The business is set to continue making profits in the year to 31 March 2018.

In New Zealand Please write the detailed process of how to do

25 marks a business that arranges accommodation for foreign students coming to New Zealand For the first two years, the business has made losses but in the year to 31 March 2017, the company made a profit of S40,000 which absorbed the prior years’ losses and resulted in a tax liability of $3,700. The business is set to continue making profits in the year to 31 March 2018.

Expert Answer

 

The business will be continuing in the following year with the use of new business models. They are reducing their cost with the use of maximum quality materials. A normal increase in the fees of the students. Homely items usage will be increased. These are the some simple techniques for continuing that business

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