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allochka39001 [22]
3 years ago
13

In the united states, federal taxes are due on which day

Business
1 answer:
zheka24 [161]3 years ago
3 0
April 17th is the tax deadline
You might be interested in
Sapien Corporation has provided the following data for the most recent year: Sales $1,340,000 Gross margin $460,000 Net operatin
natima [27]

Answer:

Option (d) is correct.

Explanation:

Given that,

Sales = $1,340,000

Gross margin = $460,000

Net operating income = $54,846

Net income before taxes = $41,846

Net income = $27,200

Gross margin percentage is calculated by dividing the gross margin with sales.

Gross margin percentage:

= (Gross margin ÷ Sales ) × 100

= (460,000 ÷ 13,40,000)  × 100

= 34.3 % (Approx)

5 0
3 years ago
If opportunity cost were to suddenly increase, total cost would a) decrease and net benefit would increase. b) decrease and net
Allushta [10]

Answer:

The correct answer is option d.

Explanation:

The total economic costs include both explicit as well as implicit costs. The explicit costs are the direct costs incurred and the implicit costs are opportunity costs.

An increase in the opportunity cost will cause the total economic costs to increase. The net benefit is the difference between the total revenue earned and the total cost incurred. An increase in the opportunity cost will cause a net benefit to decrease as total costs will increase.

4 0
3 years ago
Which of the following are advantages of corporations: Ease of transfer and double taxation Limited liability and double taxatio
qwelly [4]

Answer:

Ease of transfer and limited liability

Explanation:

The Corporation can easily transferable as the number of shares could be divided that are purchased and sold over the stock exchange

Also they have the limited liability when there is any contigency arise due to which the corporation would be closed this would be limited to the shared amount that owned by the shareholders

Therefore the last option is correct

4 0
2 years ago
A perfectly inelastic demand implies that buyers would increase their purchases by 10%when the price falls by 10%. purchase the
vichka [17]

Answer:

purchase the same amount as before when the price rises by 10%.

Explanation:

A perfectly inelastic demand curve is basically a straight vertical line. This means that the consumers are willing to purchase the goods or services no matter what their price is. In other words, they will keep buying them at any price, up to infinity and beyond. This is not a real scenario, because no product will be purchased at any price that the seller wants.

6 0
3 years ago
Pat, the buyer's agent, was told by the prospective buyer to present an offer of $150,000 with the promise that he would increas
vichka [17]

Answer:

B

Explanation:

The prospective buyer assured Pat he would increase the offer to $152,000 if the seller rejected $150,000

4 0
2 years ago
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