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2 years ago

How can business taxes positively affect an economy?

Business

2 answers:

Zina [86]2 years ago

8 0

D. If taxes are high then businesses can create monopolies

Nina [5.8K]2 years ago

8 0

Answer:

If taxes are low more businesses can be created ( A )

Explanation:

business taxes are good for the economy in several ways because they help the economy to take on projects like electrification, road constructions and avoiding excessive borrowing by the Government. while higher taxes might benefit the economy, it will as well harm it because it will reduce rate of investment and work from firms and also employees of labor. the creation of Monopolies doesn't rely mostly on taxes cuts or hikes.

lower taxes increases take home pay and also increase businesses profit after tax hence enabling the creation of more businesses

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Abardeen Corporation borrowed $90,000 from the bank on October 1, 2016. The note had an 8 percent annual rate of interest and ma

djyliett [7]

Answer:

A) $0, no cash paid in 2016, both interest and principal were paid on March 31, 2017.

B) = [($90,000 x 8%) / 12] x 3 months = ($7,200 / 12) x 3 = $600 x 3 = $1,800

C) = $90,000 + $1,800 = $91,800

D) = ($600 x 6 months) + $90,000 = $3,600 + $90,000 = $93,600

E) = $600 x 3 months = $1,800

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3 years ago

A television manufacturer would like to reduce its inventory. To this end, you are asked by the operations manager to assess its

zvonat [6]

Answer:

A.8.75 weeks

B.5.71

Explanation:

Weeks of supply = average aggregate inventory value/weekly sales at cost

=(1,500,000 + 1,200,000 + 800,000)/(20,000,000/50)

=3,500,000/400,000

= 8.75 weeks

b.Inventory turnover = annual sales (at cost)/average aggregate inventory value

=20 million/3.5 million

= 5.71

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3 years ago

Read 2 more answers

In jack's organization, the span of control is very wide. in pam's organization, the span of control is rather narrow. the numbe

drek231 [11]

Based on the scenario above, the number of levels of managers in Jack’s organization is likely to be smaller than Pam’s organization because the span of control that Jack has is very wide unlike Pam’s span of control that contains wide in which the Pam’s organization is likely to have greater number of levels of managers.

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3 years ago

Why do some companies use travel agent to set up their travel arrangements

Elena-2011 [213]

Some companies use travel agents to set up their travel arrangement because they reduce the time needed to make the arrangements by themselves as well as it reduces the cost that they would have incurred hiring the expertise in the travel departments. Travel agents have a wide expertise in that field since they have personnel who are professionals in those fields.

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3 years ago

high-end whole home electronic systems. The company provides a one-year warranty for all products sold. The company estimates th

timama [110]

Answer:

$16,925,000

Explanation:

The company estimates that the warranty cost is $310 per units sold

The estimated warranty costs at the beginning of the year is $10,600,000

In the current year, the company sold 59,500 units

The company paid warranty claims of $12120000

Therefore, the amount of liability that should be reported at the end of the current year can be calculated as follows

= 10,600,000+(59,500×310)-$12,120,000

= $10,600,000+18,445,000 -$12,120,000

= $29,045,000-$12,120,000

= $16,925,000

Hence the amount of liability that should be reported on the balance sheet at the end of the current year is $16,925,000

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3 years ago