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Drupady [299]
3 years ago
11

How do withholding taxes work

Business
1 answer:
mariarad [96]3 years ago
6 0

Answer:

Explanation:

A withholding tax is an amount that an employer withholds from employees' wages and pays directly to the government. The amount withheld is a credit against the income taxes the employee must pay during the year. ... After the Civil War in 1872, tax withholding and the income tax was abolished entirely.

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Global Enterprises has spent $134,000 on research developing a new type of shoe. For this shoe to now be manufactured, the firm
RUDIKE [14]

Answer:

Which one of these correctly identifies the sunk costs?

  • B. $134,000 for research

Explanation:

Sunk costs are costs that have already been spent and cannot be recovered by the company. In this case, only the research and development costs can be considered a sunk cost. The land has a market value and if the company decides to sell it, they would get paid for it. Additional investments or costs have not been incurred yet, so they are only planned or estimated costs.  

7 0
3 years ago
A seller contracted to manufacture 1,000 toasters for a buyer for a specified price. The contract contained a provision that cle
suter [353]

Answer:In this case the buyer is <u><em>not bound by the contract</em></u> because  <em><u>"this contract may not be assigned" means that duties may not be delegated, and the seller delegated a duty.</u></em>

Here, the agreement is particularly defined by a provision that clearly states that: “This contract may not be assigned, and any violation of this prohibition voids the contract.” Therefore, if after the contract is signed and thus the production of the commodity is overtaken by another manufacturer , then  the buyer's claim is right and he is not bound by the contract.

<em><u>Therefore, the correct option is (A).</u></em>

3 0
3 years ago
Before Sandra opened her florist shop she read all she could about the floral industry. She also consulted several published res
Rom4ik [11]

Answer: Secondary data

       

Explanation: In simple words, the data that is collected by someone and is used by someone else is called secondary data. Government reports and surveys by other such organisation are two of the many examples of secondary data.

In the given case, Sandra collected information for her future business from the published research reports. She did not collected data from a census conducted by herself.

Hence, from the above we can conclude that the correct option is B.

5 0
3 years ago
Taco Quatro can make their entire menu out of their fantastic four Mexican ingredients, cheese, meat, beans and tortillas.
devlian [24]

Answer:

b

Explanation:

Objective of  Taco Quatro is to maximize sales. To do this they must sell maximum number of each item in the menu.

7 0
3 years ago
You are comparing two investment options, each of which will provide $15,000 of total income. Option A pays five annual payments
Nezavi [6.7K]

Answer:

A

Explanation:

Because as per time the value of money the future cash holds are discounted at discount rate yo find the present Worth, thus the higher value of early present cash flows creates higher present value compared to lower value of early cash flows

6 0
3 years ago
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