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Bess [88]
3 years ago
6

Assuming a normal upward-sloping supply curve and a normal downward-sloping demand curve, if the government imposes a $5 excise

tax on leather shoes and collects the tax from the suppliers, the price of leather shoes to consumers will:
A. increase by more than $5.
B. increase by $5 increase.
C. increase by less than $5.
D. but we cannot determine by how much.
Business
1 answer:
emmainna [20.7K]3 years ago
3 0
ANSWER:

The answer is b

EXPLANATION:
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In its income statement for the year ended December 31, 2019, Sheridan Company reported the following condensed data. Operating
olga55 [171]

Answer&Explanation:

Net Income Statment for the Year Ended December 31,2019

Net sales 2,416,300

Cost of goods sold (1,334,200)

<em>Gross Profit 1,082,100 Sales - COGS</em>

Operating expenses  (759,720)

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Interest revenue  29,970

Interest expense (71,270)

Loss on disposal of plant assets (15,910)

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<em>Net income 235,170 Operating Income + Other income</em>

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<em>Comprehensive Income 242,090 Net Income - OCI</em>

6 0
3 years ago
Peter, has discovered another wine, wine D. Wine drinkers are willing to pay 45 dollars to drink it right now. The amount that w
BabaBlast [244]

Answer:

e. 71 dollars

Explanation:

Peter was willing  to but the wine for $45

In a year, there is an increase of $15 = $45 + $15 = $60

The interest rate of 10% of $60 = $6

Total = $66 ~ $70

Therefore, the amount he is willing to pay for the win if he buys it as investment would be 71 dollars.

6 0
2 years ago
Evaluates the difference between leadership and board governance in establishing strategic planning for a health care organizati
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This white paper evaluates the difference between leadership and board leadership in creating strategic plans for healthcare organizations.

Leadership and governance includes ensuring a strategic policy framework that combines effective oversight, partnership building, regulation, attention to system design and accountability.

The Board's role in strategic planning includes identifying priorities, setting goals and objectives, allocating resources, and allocating funds to support decisions that need to be made in relation to the strategic plan. increase. The board is also responsible for overseeing the execution of the strategic plan.

Successful leadership and management must scan, focus, coordinate/move rapidly, inspire, plan, organize, implement, measure and evaluate.

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6 0
2 years ago
Do all states pay the same unemployment compensation and for the same length of time?
kondaur [170]

Answer:

Explanation:

Ultimately, the onus is on the state government to balance the checkbook, so the state has to decide the benefits maximum amount, duration, and eligibility to receive the benefits. For this reason, you notice that unemployment benefits largely vary by state. Some states like Massachusetts could pay as high as $1,220 depending on the eligibility criteria.

4 0
3 years ago
Scoop Masters Inc. has been charged by Fab Flavors Corp. with stealing Fab Flavors' patented process for making ice cream. After
amm1812

Answer:

No - FALSE

Explanation:

Scoop Masters Inc. has been charged by Fab Flavors Corp. with stealing Fab Flavors' patented process for making ice cream. After the papers are filed, Scoop Masters begins shredding all documents pertaining to its ice cream-making process. Since no motion has been made requesting production of documents, Scoop Masters has done nothing wrong is a false statement. Scoop Masters Inc. has done really wrong. They have stolen someone else's idea of making a product even without their consent and then without mentioning their name and rights and trademarks. Moreover, they shredded all the proof in order not to be caught by the court in law. They have some serious crime which is totally wrong and unacceptable in all cases at all grounds.

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