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margin profit and its link with VAT

 OUTLINES I- The VAT and its operating system in republic of BENIN.................................................................... I-1- the applicability of VAT ................................................................................................................ I-2- its operating mode ......................................................................................................................... I-3- its accounting record ..................................................................................................................... I-4-its payment ..................................................................................................................................... II-the relation between profit and VAT .................................................................................................... II-1- the meaning of profit and its accounting estimation .................................................................... II-2 - t

castaway dreams

castaway dreams A not so true story, but an astute observation nonetheless... One day a man decided to retire. He booked himself on a Caribbean cruise and proceeded to have the time of his life... that is, until the ship sank. He soon found himself on an island with no other people, no supplies, nothing, only bananas and coconuts. After about four months, he is lying on the beach one day when the most gorgeous woman he has ever seen rows up to the shore. In disbelief, he asks, "Where did you come from? How did you get here?" She replies, "I rowed over from the other side of the island where I landed when my cruise ship sank." "Amazing," he notes. "You were really lucky to have a row boat wash up with you." "Oh, this thing?" explains the woman. "I made the boat out of some raw material I found on the island. The oars were whittled from gum tree branches. I wove the bottom from palm tree branches, and the sides and stern c