Answer:
[b] = $ 2500
[c] = $ 7500
[d] = Gross margin = 22500 – 15000 = $ 7500
Net Income = 7500 – 4000 = $ 3500
[e] = $ 3500
Explanation:
Here the solution is given as follows,
Why does Maureen Riehl state that internet retailers have an "unfair price advantage" when they don't collect sales tax from out
of state customers?
1 answer:
Answer:
See explanation below for answer.
Explanation:
Maureen Riehl states that internet retailers have an unfair price advantage when they don't have to collect sales tax because, by not collecting of tax, it can make their product be up to 10% lower than brick and mortar merchants, so in a market where the profit margins can be as small as 1% to 2%, the 10% profit margin can be a killer.
Therefore, Maureen Riehl suggests that retailers should be taxed just the same, regardless of whether they sell their commodities in a store, through mail, over the telephone, or on the internet. Maureen Riehl posits that the tax policy should not be allowed to determine the winners and losers in the retail industry.
At the end of the article, Maureen Riehl states that, using the same tax policy will put internet retailers and brick-and-mortar retailers on the same footing, where everyone can compete fairly and freely.
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<h3>What is net operating income?</h3>
- Before deducting any expenditures for financing or taxes, net operational income assesses the profitability of an income-producing asset.
- Subtract all property-related running costs from all income earned at the property to arrive at NOI.
- A property owner can manipulate the operational expenditures included in the NOI statistic by delaying or accelerating particular revenue or expense elements.
- Capital expenses are excluded from the NOI statistic.
- A property owner can use NOI to determine whether the cost of owning and maintaining a property outweighs the benefits of renting it out.
To learn more about net operating income, refer to the following link:
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