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nika2105 [10]
3 years ago
5

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?

Business
1 answer:
maxonik [38]3 years ago
3 0

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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Answer:

Spending variance                              $100 unfavorable

Explanation:

The spending variance is the difference between the standard cost allowed for the actual activity and the actual cost of the activity

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Standard cost allowed for the actual activity

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3 years ago
Using the data in EA-3, assume that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio in
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The journal entry for the purchase of the stock for the trading securities portfolio is that Securities account debited and bank account credited.

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A journal is basically a detailed account which records all the financial transactions of a business to be used for the future reconciling of accounts.

The journal entry will be as under:

Securities account debited and bank account credited. If we know that which security is being purchased then we can name that securities also.

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1 year ago
Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? A. W
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An area with younger people will have a higher demand for rentals and a lower demand for buying.- D.

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3 years ago
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Answer:

Use strong judicial tools as patents and copyrights. Be flexible to enter the market. Understand that is more expensive to acquire a new client that to maintainn and excisting one.

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