This question tests your understanding of the economics of a commodity tax. Assume that in each case the demand curve slopes down from top left to bottom right and the supply curve slopes up from bottom left to top right If the government halved a commodity tax, what would not always follow?
a. The quantity traded would increase
b. The price exclusive of commodity tax that sellers receive would rise.
c. The price inclusive of commodity tax that buyers pay would fall.
d. Tax revenue would increase.
Answers
Answer:
d. Tax revenue would increase.
Explanation:
When government halved commodity tax so they divided into two parts so it is use full them to manage it separately in two different parts. So when government needs more revenue they tax some commodity on their trade. So now government collects different taxes from different parties so their tax revenue increases by that decision.
Related Questions
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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When amortizing the discount on bonds payable, the amount of interest expense reported on the income statement will always be less than cash paid for interest. True or false?
Answers
Kroger sells a variety of products such as cookies, meat, bread, shampoo, and much more. All the items the stores sells is called it?
A-product depth
B-product lines
C-product categories
D-product mix
Answers
Answer:
C. Product Categories
Explanation:
The items that includes cookies, meat, bread, shampoo which are sold by the store is called a product categories.
What is a product categories?This refers to categorization of a store goods and sometimes involves the type of product or service they offers.
Therefore, the Option C is correct.
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The Satellite Shoppe has current sales per share of $10.55. The sales per share are expected to increase at an annual rate of 12 percent. The historical P/E ratio is 16.2 and the historical P/S ratio is 9.8. What is the expected price of this stock one year from now?
Answers
Answer:
the expected price of the stock one years from now is $115.80
Explanation:
The computation of the expected price of the stock one years from now is as follows;
= This year's sales per share × (1 + growth in sales) × historic P/S ratio
= $10.55 × (1 + 0.12) × 9.8
= $115.80
Hence, the expected price of the stock one years from now is $115.80
The same is to be considered by applying the above formula
monitory unit assumption?
Answers
A clothing eCommerce comapny has an Average Order Value of $65. It costs the company $35 to produce the clothes in the average order and $15 to ship it to the customer. What is the Average Order's Gross Profit? * $65 $50 $30 $15
Previous question
Answers
The average order's gross profit for the ecommerce company is $15. The Option D is correct.
What is the calculation for the gross profit?To calculate the average order's gross profit, we will subtract the total cost of producing and shipping the clothes from the revenue generated by the order.
Revenue generated by the order is $65.
The total cost of producing and shipping the clothes is:
= $35 + $15
= $50.
The gross profit of the average order is:
= $65 - $50
= $15.
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Presented below are various receivable transactions entered into by Beran Tool Company. Indicate whether the receivables are reported as accounts receivable, notes receivable, or other receivables on the balance sheet.
a. Loaned a company officer $5,000.
b. Accepted a $3,000 promissory note from a customer as payment on account.
c. Determined that a $10,000 income tax refund is due from the IRS.
d. Sold goods to a customer on account for $4,000.
e. Recorded $500 accrued interest on a note receivable due next year.
f. Advanced $1,400 to a trusted employee.
Answers
Other Receivables
Notes Receivable
Other Receivables
Account Receivable
Other Receivables
Other ReceivablesAnswer:
Explanation:
Answers are,
a. Loaned a company officer $5,000 - Other Receivables
b. Accepted a $3,000 promissory note from a customer as payment on account. - Notes Receivable
c. Determined that a $10,000 income tax refund is due from the IRS - Other Receivables
d. Sold goods to a customer on account for $4,000 - Accounts Receivable
e. Recorded $500 accrued interest on a note receivable due next year - Other Receivables
f. Advanced $1,400 to a trusted employee - Other Receivables
Accounts receivable are line items or a group of line items that appear as assets on an organization's balance sheet. It's the money a company's clients owe for services they've received by haven't paid for yet . For example, when a customer purchases products or services on credit, the amount they owe gets added to the company's accounts receivable. Whereas,
Notes receivable are underlying promissory note that details the terms of payment for a purchase between a company and a customer. Most often, notes receivable appear when a client needs more time to pay for a sale than the conventional billing terms. Agreeing for a slower payment, the company charges interest and requires a signed promissory note for legal purposes.
And, Other receivables include money owed from non-trade activities. Usually, these include small amounts that companies cannot disclose as separate items.
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What actions where required by GMC company to do business in in other countries?
Answers
GMC Company was obliged to take certain steps in order to conduct business in other nations. It is typical for businesses to take a number of steps in order to grow their business.
As well as carrying out market research to discover possible possibilities and difficulties, forming alliances with nearby companies, abiding by local rules and regulations, acquiring required permits and licenses, and customizing their goods and services to suit regional preferences.
Businesses may also need to take into account logistical difficulties like shipping and transportation as well as linguistic and cultural variations. It is crucial for companies to have a thorough strategy for conducting business abroad as well as a firm understanding of the local market.
As a result, the significance of the actions were required by GMC company to do business in other countries are the aforementioned.
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1. what are three characteristics of credit cards
2. What are three fees that banks can charge for their services?
Answers
Answer:
Alternative to cash. Credit limit, Aids payment in domestic and foreign currency. and Account maintenance and minimum balance. Many banks charge fees for maintaining checking or savings accounts, ATM, Overdraft
Explanation:
You are a media liaison officer for the sporting brand Hi-Tech. You have been tasked with developing a social media campaign to promote and create awareness for Hi-Tech’s ‘One’ campaign. Based on the information provided in the article, choose a social media platform (only one) that you feel will be most suited for achieving success. Your discussion must include the following: 2.1 Outline a mission and vision statement that you will use to guide your social media campaign.
Answers
A social media campaign is a planned marketing activity that uses one or more social media channels to support or further a company objective.
A campaign's greater emphasis, targeting, and measurability set it apart from regular social media initiatives. Place all the tracking mechanisms in place before launching a campaign. There are several free social media marketing tools available that measure shares, retweets, likes, and brand-related keywords.
Set goals for the campaign and arrange a firm deadline after a baseline has been established. Firm start and finish dates are essential for a) controlling expenses and mission creep, and b) evaluating results before and after the campaign.
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Adrienne is a single mother with a six-year-old daughter who lived with her during the entire year. Adrienne paid $3,900 in child care expenses so that she would be able to work. Of this amount, $500 was paid to Adrienne’s mother, whom Adrienne cannot claim as a dependent. Adrienne had net earnings of $1,900 from her jewelry business. In addition, she received child support payments of $21,000 from her ex-husband. Use Child and Dependent Care Credit AGI schedule.
Answers
it is deemed that Adrienne is eligible to assert a Child and Dependent Care Credit amounting to $1,190 on her tax report.
How to Solve the Problem?In order to ascertain the precise amount of the Child and Dependent Care Credit applicable to Adrienne, a series of procedural steps must be pursued.
In order to establish the annual earned income of Adrienne, a thorough analysis of relevant financial information is required. The amount in question pertains to the net earnings garnered through the jewelry business operated by the individual under investigation, which has been quantified at $1,900.
To ascertain the precise quantum of childcare expenses that may be utilized in the computation of the corresponding credit. To accomplish this, the deduction of $500, which was disbursed to Adrienne's non-dependant mother, is subtracted from the overall sum of child care expenses amounting to $3,900. Upon thorough examination, the remaining amount of qualifying expenses has been tallied to $3,400.
The calculation of Adrienne's AGI (Adjusted Gross Income) will be ascertained. It is evident that the recipient in question had received a financial sum of $21,000 as child support from her former spouse; however, there is a lack of information regarding her earnings and expenses. It shall be posited that the individual under consideration possesses an adjusted gross income that is commensurate with her child support remittances, thus establishing her AGI at a quantifiable amount of $21,000.
By consulting the AGI schedule for the Child and Dependent Care Credit, Adrienne can ascertain the rate at which she is eligible to claim qualifying expenses as a credit. Adrienne meets the criteria for a credit, amounting to 35% of her qualifying child care expenses, on the basis of her AGI of $21,000.
To ascertain the precise sum of Adrienne's Child and Dependent Care Credit, it is requisite to initiate the process by multiplying her outlays for qualifying child care by the percentage derived from step 4. Based on calculations, the value obtained is equivalent to $1,190, which is derived through the multiplication of $3,400 and a 0.35 coefficient.
As a result, it is deemed that Adrienne is eligible to assert a Child and Dependent Care Credit amounting to $1,190 on her tax report.
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Describe the nature of the following major categories of risk (1) Financial Risks (2) Political Risks (3) Environmental Risks
Answers
Answer:
Market riskinvolves the risk of changing conditions in the specific marketplace in which a company competes for business. One example of market risk is the increasing tendency of consumers to shop online. This aspect of market risk has presented significant challenges to traditional retail businesses.
Explanation:
hope this helps
Answer:
Financial risk generally relates to the odds of losing money.
The financial risk most commonly referred to is the possibility that a company's cash flow will prove inadequate to meet its obligations.
Financial risk can also apply to a government that defaults on its bonds.
Credit risk, liquidity risk, asset-backed risk, foreign investment risk, equity risk, and currency risk are all common forms of financial risk.
Investors can use a number of financial risk ratios to assess a company's prospects.
Market risk, or systematic risk, affects the performance of the entire market simultaneously.
Market risk cannot be eliminated through diversification.
Specific risk, or unsystematic risk, involves the performance of a particular security and can be mitigated through diversification.
Market risk may arise due to changes to interest rates, exchange rates, geopolitical events, or recessions.
Explanation:
Bakersfield Corp. pays income tax at an average rate of 30 percent. This year its revenue is $124,000 and its expenses are $82,000. The adjusting entry to record the income tax expense will:
Multiple Choice
decrease net income by $42,000.
increase shareholders' equity by $12,600.
decrease liabilities by $12,600.
decrease shareholders' equity by $12,600.
Answers
The adjusting entry to record the income tax expense for Bakersfield Corp. will decrease net income by $42,000. Option A is the correct answer.
The adjusting entry to record the income tax expense for Bakersfield Corp. will decrease net income by $42,000.
The income tax expense is calculated by applying the applicable tax rate to the taxable income. In this case, Bakersfield Corp. has revenue of $124,000 and expenses of $82,000, resulting in a taxable income of $42,000 ($124,000 - $82,000).
Since Bakersfield Corp. pays income tax at an average rate of 30 percent, the income tax expense will be 30 percent of the taxable income:
Income tax expense = Taxable income x Tax rate
= $42,000 x 0.30
= $12,600
Adjusting entries are made at the end of an accounting period to ensure that revenues and expenses are properly recognized. In this case, the adjusting entry will decrease net income by the amount of the income tax expense.
This adjustment reflects the company's obligation to pay income tax and reduces its reported net income.
Therefore, the correct option is: "Decrease net income by $42,000."
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Apart from the internet, which encourages customers to reach out to a business or brand, use of other advertising vehicles refers to________ marketing
Answers
Answer: Television
Explanation:
, thought it was direct marketing earlier, but it was not
Applications that can be picked up at places of employment are known as:
0000
employment resumé.
paper applications.
online applications.
None of these choices are correct.
Answers
Applications that can be picked up at places of employment are known as B. paper applications.
What are paper applications ?In many workplaces, job seekers can obtain a paper application form from the employer, either by visiting the company's physical location or by requesting one through mail or email.
Paper applications typically require the applicant to fill out personal information, employment history, and educational background, along with any other relevant details that the employer may require. Online applications can be more convenient and efficient for both the employer and the job seeker, as they allow for easier tracking and management of applications.
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Two new companies start to produce HDTVs. This results in _____ in the _____ HDTVs.
an increase, supply of
an increase, demand for
no change, supply of
no change, demand for
Answers
Answer:
an increase, supply of
Explanation:
Answer:
AN INCREASE SUPPLY OF
Explanation:
trust me bro
Bank Of The North (B of N) gave out large loans to many of their customers. After reviewing the bank’s records, B of N sees that the bank is now below the Federal Reserve’s minimum reserve requirement. A member bank, Helper Bank, has excess reserves. B Of N borrows enough money from Helper Bank to reach their reserve requirement. The rate of interest that B of N will pay to Helper Bank for the loan is the ________ rate.
Answers
Answer: federal fund rate
Explanation:
Federal funds rate is simply defined as the interest rate which banks and credit unions which are also.refeeed to as depository institutions lend the balance that they've in their reserves balances to other depository institutions. It should be noted that no collateral is collected in this case.
The reserve balance is the fund which the central bank in a country makes compulsory for the commercial banks to have in order to maintain their reserve requirement. In this case, the banks thatt have surplus balances lend the balances to others that need the extra balance to make up theirs or need larger balances.
Federal fund rate is the rate of interest on which one bank gives short term or overnight loan to other banks.
here B of N will give the interest to Helper Bank as per the Federal Fund rate
COMPLETE ANSWER
THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST
YOU NEED TO PROVE YOUR ANSWER
Direction: Read each statement carefully. Write True in the blank if the statement is right and False if it is wrong and prove it.
1. Intemal Forces refers to set of elements which affects organization's or firm's behavior.
2. External Forces is unpredictable and uncontrollable.
3. Poor corporate image is a strength of the firm.
4. Money is the lifeblood of every business.
5. Customers are the king of the market.
6. Demographic aspects are the characteristics of the people in which the organization can be found.
7. Macro and micro environment are types of internal environment.
8. Technological includes the use of robots and online commerce.
9. Improper plans and policies help the firm to accomplish its objectives.
10. Socio-cultural are the characteristics of the population of a certain place.
Answers
All the Statement is Given either True OR False.
Briefing:-1. When referring to a group of factors that influence how an organization or corporation behaves, we use the term "internal forces. True
2. Outside forces are erratic and unmanageable. True
3. The company's weak corporate image is a strength. False
4. Every business depends on money to survive. True
5. The market is ruled by the consumer. True.
6. Demographic characteristics are the traits of the people who make up the organization. True
7. The interior environment includes macro and micro settings. False
Robotics and online commerce are examples of technological advancements. True
9. Ineffective plans and policies aid the company in achieving its goals. False
10. Socio-cultural traits describe a population's makeup in a particular location. True.
Business: What Is It?Business is an economic activity that entails the exchange of goods and services with the aid of purchasing and selling with the goal of making a profit.
A company's vulnerability is regarded to be its poor corporate image, which deters buyers from paying attention to the product.
A type of the exterior environment is the macro environment, whilst a type of the interior environment is the micro environment.
Planning effectively and laying out each activity will help to achieve the goals. Plans that are inadequate merely go over budget and require re-planning.
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WHAT IS A CALCULATED INTEREST RATE
Answers
Answer:
Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.
Explanation:
How service managers could use the pigmalion effect in practice give example
Answers
Answer:
Employee burnout and work-related stress are linked to the Pygmalion effect of leaders' expectations and influence on workers. For example, higher expectations lead to higher performance, which in turn encourage even higher expectations
Disadvantages of the matrix organization structure are efficient use of resources because of ease of access efficient communication easy to manage difficult to manage Disadvantages of the matrix organization structure are efficient use of resources because of ease of access efficient communication easy to manage difficult to manage
Answers
Difficulty in terms of management of an organization as there is the involvement of overlapping teams, more information, and multiple managers is one of the major disadvantages of matrix organization structure.
What is matrix organization structure?A combination of or greater varieties of organizational structures is referred to as a matrix structure. It is a manner of arranging your enterprise so you set up reporting relationships as a grid, or a matrix, in preference to in the conventional hierarchy.
hence, Difficulty in terms of management of an organization as there is the involvement of overlapping teams, more information, and multiple managers is one of the major disadvantages of matrix organization structure.
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If the federal government wants to encourage businesses and consumers to spend more money, it wo
A)
increase the tax rate.
B)
decrease the tax rate.
C)
increase the reserve requirement.
Eliminate
D)
decrease government spending on goods and services.
Fearing a recession the government decide
Answers
Answer:
B) decrease the tax rate.
Explanation:
Decreasing taxes results in individuals and businesses paying lower taxes to the government. Reducing taxes increases the amount of disposable income available to individuals and firms. Therefore, a decrease in taxes will have the same effects as an increase in income. Households and firms will have more money available for spending.
Decreasing taxes is one way the government may use to encourage increased spending. On the other hand, an increase in taxes results in lower disposable income for people and firms. A decrease in government spending results in fewer jobs available, which reduces incomes and consumer spending.
Bakers are much ___________ likely to supply pastries to the market if property rights are not enforced. In the presence of market failures, public policy can improve economic efficiency. Classify the source of market failure in each case listed.
a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream.
b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity.
Answers
Answer: more; externality; market power.
Explanation:
Bakers are much (more) likely to supply pastries to the market if property rights are not enforced.
a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - Externality
Externality, refers to the benefit s or costs that someone else incurs based on the economic decision of another person. In this case, this is a negative externality as the small town bears the cost of the production activities of the company.
b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity - Market power
Market power is when a firm is able to dictate the price and can then raise the price. This brings about the reduction in output as well. Since the single public utilities company is responsible for supplying electricity for an entire state, the company is enjoying monopoly power or market power.
Networking starts by developing a list of contacts.
True
False
Answers
Answer:
A
Explanation:
the correct answer is true
As it applies to corporations, employee-owner separation means that many employees
Answers
As it applies to corporations, employee-owner separation means that many employees can be separated from organization as a result of resignation, removal, death, permanent incapacity, discharge or retirement and they as employee are not stockholders of the company for which they work.
For better understanding, lets explain ownership and control in firms
Separation of Ownership and Control in firm is done by Shareholders. They hire managers to manage the firm on their behalf. Employee only work for shareholders. Employees can be separated from organization as a result of resignation, removal, death, permanent incapacity, discharge or retirementFrom the above, we can therefore say that the answer that as it applies to corporations, employee-owner separation means that many employees can be separated from organization as a result of resignation, removal, death, permanent incapacity, discharge or retirement and they as employee are not stockholders of the company for which they work is true
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Assignment
write a letter of Complain about
your dissatisfaction on the product
you consume
Answers
Answer:
Explanation:
[Your Address]
[Your City, State, Zip Code]
[Date]
[Name of Contact Person]
[Title]
[Company Name]
[Street Address]
[City, State, Zip Code]
Dear [Contact Person]:
On [date], I bought [or had repaired] a [name of the product with the serial or model number or service performed]. I made this purchase at [location, date, and other important details of the transaction].
Unfortunately, your product has not performed well [or the service was inadequate] because [state the problem].
To resolve the problem, I would appreciate your [state the specific action you want]. Enclosed are copies [copies, not originals] of my records [receipts, guarantees, warranties, cancelled checks, contracts, model and serial numbers, and any other documents] concerning this purchase/repair.
I look forward to your reply and a resolution to my problem. I will wait [set a time limit] before seeking third-party assistance. Please contact me at the above address or by phone [home or office numbers with area codes].
Sincerely,
[Your Name]
[Account Number]
After the call, Holly realized the conflict was at the tension stage. Why? Brie Holly and Jennifer
Answers
After the call, Holly realized the conflict was at the tension stage because of the emotional tension that resulted from the conversation. During the call, Jennifer expressed her dissatisfaction with the resources and benefits that she was receiving from the relationship.
According to the social exchange theory, people exchange resources and benefits to maintain social relationships. In this exchange, people weigh the costs and rewards of social relationships. Social exchange theory can be applied to the conflicts that occur in social relationships.Conflicts can occur when one person perceives that another person has violated their expectations, rights, or interests.
Conflicts in social relationships can be resolved through several stages, including the tension stage, crisis stage, and the recovery stage. Conflict resolution requires people to resolve their differences to maintain the social relationship. Holly felt that Jennifer was not putting enough effort into maintaining the relationship and she did not understand the impact of her actions on Holly.Brie and Holly were concerned about the implications of the conflict on their social relationship.
Brie asked Holly to resolve the conflict by weighing the costs and rewards of their relationship. Holly realized that their social relationship was important to her, and she had to work towards maintaining it. Holly chose to communicate her thoughts and feelings with Jennifer, which resolved the conflict. Holly and Jennifer were able to come to a compromise, and their social relationship was preserved.
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Note- The Complete Question is this...
What specific event or occurrence made Holly realize that the conflict between Brie, Holly, and Jennifer was at the tension stage?
Jake is the manager of a cafe in Houston Texas. Jake opened a bank account under the cafe name
Answers
Jake’s Finer Foods is a family-owned, Houston-based broadline distributor and food supplier delivering quality food, exceptional service and custom solutions to foodservice providers throughout Texas and Louisiana since 1946.
Jake’s services a wide range of industry segments, including independent restaurant operators, multi-unit chains, retail grocery, daycares, caterers and corporate cafeterias. Its complete line of product offerings also includes fresh-cut, premium meats from Gourmet Ranch, Jake’s exclusive custom butcher shop.
From its simple and humble start selling eggs door-to-door, to today tapping into global trends, and national and local brands, Jake’s Finer Foods is a thriving family business that is led by faith – impacting lives and helping others achieve their goals.
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Question 5 of 10
How does a low credit score affect a person who applies for a loan?
A. It allows banks to give the person a loan without checking his or
her tax records.
B. It causes banks to charge the person higher interest rates on the
loan.
C. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.
D. It makes banks more likely to give the person a large, long-term
loan.
Answers
Answer:
B
Explanation:
This is because the bank is worried they will be unable to pay it back in a shorter period
Answer:
B
Explanation:
just took the quiz
Janae has created a table of her company's revenue data. The company sells its products in four cities. Janae's manager told her to create a new
visual showing the share of revenue from each city. Complete the following sentences.
Janae should choose a
to show each city's contribution to the company's total revenue. This type of visual is especially
effective because it allows her to show the revenue from each city as a
of the company's total revenue.
Reset
Next? Does anyone know the answer
Answers
Answer:
First one is "Pie Chart"
Second one is "Percentage"
Explanation:
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