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almond37 [142]
3 years ago
9

Sales taxes are A. based on each individual​ taxpayer's income level. B. levied on purchases of a particular good or service. C.

collected only by the U.S. government. D. assessed on the prices paid on a large set of goods and services.
Business
1 answer:
Elan Coil [88]3 years ago
4 0

Answer:

B. levied on purchases of a particular good or service.

Explanation:

  • A sales tax is a tax that is given to the government body and is provided to the production of the particular goods and the services and its a set of the sales.
  • The crucial good and services and at the point of the purchase, and is directed by the consumers and is called as used tax. And includes the manufacturer's sales and wholesales tax and gross receipt and exercise tax and values added tax.
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Answer:

4.2 years

Explanation:

Here is the complete question

Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of $44,000. The company uses straight - line depreciation . Project A is expected to yield annual net income of $ 23,100 per year for the next five years.

Required:

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(385,000 - 44,000) / 5 = 68,200

Cash flow = 68,200 + $ 23,100 = 91300

$ 385,000 / 91300 =4.2

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Answer:

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Explanation:

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5 0
3 years ago
What is the most important requirement to perform a legal search
mr_godi [17]
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