Answer:
Gasoline taxes are higher in many European countries than the United States.
Explanation:
The combined gas tax rate in the United States is a lot lower than the rates of most countries. The United States gasoline tax is quite low and its rate is even less than half of the next highest country which is Canada according to the Organization for Economic Cooperation and Development.
Gasoline taxes are not an example of Environmental Protection Agency EPA) regulations. The agency's mission is to guard human and environmental health by laws that promote individuals health and the environment. Also, gasoline taxes does not contribute to global warming and is not an example of command and control policy.
I think this would be a union grievance, sorry if i'm wrong.
<u>Adjusting entry for Rent Revenue:</u>
It is given that a customer rents a vehicle for three months from Commodores rental on November 1, paying $4,050 ($1,350/month). The adjustment is needed to be made for 2 months period (Nov. 1 to Dec. 31)= 1350*2 = $2,700
The adjusting entry for Rent Revenue as on Dec. 31 shall be as follows:
Unearned Rent Revenue Debit $2,700
Rent Revenue Credit $2,700
(Being adjustment made for Rent Revenue)
Answer:
712 Units
Explanation:
Given
Order Quantity = 4800 units
Safety Stock = 112 units
Since Hasty Manufacturing make orders 4 times in a year, then Safety Stock = 4 * 112 = 448
Average inventory = ½(Order Quantity) + Safety Stock
Average inventory = ½ * 4800 + 448
Average Inventory = 2400 + 448
Average Inventory = 2848 for 4 Orders per annum
Also, they make order 4 times a year.
So, the Average Inventory per order = 2848/4
So, Average Inventory = 712
D. Any monies left after expenses is known as profit