(Solved) : Fifty Small Medium Enterprises Pay Monthly Taxes According Net Monthly Profits Shown Table Q37018785 . . . .

Fifty small-medium enterprises pay their monthly taxes accordingto their net monthly profits as shown in the table below:

Profit

Tax

Less than N$200 000

N$1500

From N$200 000 to N$500 000

N$1500 + (1% of excess over N$200 000)

More than N$500 000

N$2500 + (1.5% of excess over N$200 000)

If an enterprise has an outstanding balance in unpaid taxes fromprevious months, 1% interest is charged on the balance broughtforward.

1. Draw a flowchart that inputs the NAME of company BALANCEbrought forward and PROFIT and outputs NAME of company and totalTAX due.

2. Write a pseudocode programme that inputs the NAME of companyBALANCE brought forward and PROFIT and outputs NAME
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