Which tax is paid to a third party?

The situation where the quantity supplied of a good is greater than the quantity demanded at

aliina [53]

Answer:

Excess supply

Explanation:

Demand is the quantity required or requested by buyers while supply is the quantity of a good that a producer is able to supply to the buyer.

When demand is equal to supply there is equilibrium and no excess in demand or supply.

However when the amount supplied exceeds the demand for a product there will be excess product in the market. This is called excess supply.

Conversely when the quantity demanded is more than that supplied it is excess demand

8 0

2 years ago

Disposal of Fixed Asset Equipment acquired on January 6 at a cost of $287,000, has an estimated useful life of 8 years and an es

aliina [53]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing cost= $287,000

Useful life= 8 years

Estimated residual value= $37,400

To calculate the annual depreciation under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (287,000 - 37,400) / 8

Annual depreciation= $31,200

<u>Depreciation remains constant during the useful life of the asset.</u>

We can calculate exactly the annual depreciation for the first year.

Year 1= (31,200/365)*360= $30,772.60

4 0

2 years ago

Pizza Pier retires its 8% bonds for $70,100 before their scheduled maturity. At the time, the bonds have a face value of $72,100

mariarad [96]

Answer: Please refer to Explanation

Explanation:

DR Bonds Payable ............... $ 72,100

DR Premium on Bonds Payable (74,950 - 72,100) ...... $2,850

CR Cash ...................................... $70,100

CR Gain on Discharge of Bonds ($74,950 - $70,100) $4,850

(To record retirement of premium bond before time)

If you need any clarification do comment.

5 0

3 years ago

It is unwise to take a questionnaire designed for online administration and simply let the questionnaire design system present i

igor_vitrenko [27]

The given statement " It is unwise to take a questionnaire designed for online administration and simply let the questionnaire design system present it in mobile device form " is TRUE

Explanation:

A survey is a research tool consisting of a series of questions (or other types of inquiries) to collect data from respondents.

In 1838, the Statistical Society of London invented the questionnaire. Even if questionnaires are often used to evaluate the answers objectively, this is not always the case.

Smartphone System Model Surveys. Launch Fresh. Five minutes is the average time usage communicates with a mobile app, so mobile studies are relevant in a period of 8 to 10 minutes.

6 0

3 years ago

Which type of business plan is used primarily for the owner and other employees to organize the structure, finances, and plans f

Rzqust [24]

The type of business plan that is primarily used by the owner and other employees to organize the structure, finances, and future growth plans is the lean business plan.

<h3></h3><h3>What is a lean business plan?</h3>

Corresponds to a document where the essential characteristics are laid out for a business to be well positioned and competitive in the market. It contains the strategy, tactics and execution so that the objectives and goals are achieved in the medium and long term.

It is essential that organizations develop a lean business plan that is targeted to their needs and aligned with their market demands.

Therefore, the lean business plan assists in the continuous management to achieve quality, structure and effective systematization of processes.

Find out more about lean business plan here:

brainly.com/question/25311149

#SPJ1

4 0

1 year ago