1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natulia [17]
3 years ago
13

aveWhich of the following is a tax? I. A 1 percent special sales tax for funding local road construction. II. A fee paid to the

state for a license to practice as an attorney. III. An income tax imposed by Philadelphia on persons working within the city limits. IV. A special property assessment for installing a new water system in the taxpayer's neighborhood.
Business
1 answer:
djverab [1.8K]3 years ago
3 0

Answer:

III. An income tax imposed by Philadelphia on persons working within the city limits.

Explanation:

A tax is the monetary obligation from a taxperson in favor of the federal, state, or municipal governement without a concrete return or destination.

on the second situation, the fee is colected based on the licesne there is a return which is, the abilitation of the attorney licence.

the first and fourth the imposition comes with an explicit destination; the road construction or the water system. Therefore are not taxes.

You might be interested in
Modified multiple choice in a business letter, the inside address usually contains the addressee’s ____.
Fofino [41]
Location or which street they are on so if the people u are sending this to need to send something back then u should out your address.
5 0
3 years ago
Finished goods that have not yet shipped to
zavuch27 [327]

Answer:inventory

Explanation:

4 0
3 years ago
Read 2 more answers
A tax preparer is part of
USPshnik [31]
C would be the answer
8 0
3 years ago
Read 2 more answers
investment is made at r percent compounded annually, at the end of n years it will have grown to A = P(1 + r)n . An investment m
bixtya [17]

Answer:

$1,500

Explanation:

Given the compounding formula A = P(1+r)^{n}

And given an investment (P), made at 16% compounded annually (r), and an ending amount of $1,740 (A) at the end of the year (n = 1 year), the original amount invested (P) can be computed as follows.

1,740 = P(1+0.16)^{1}

1,740 = P * 1.16

= P = 1,740/1.16 = 1,500.

Therefore, the original investment was $1,500.

3 0
3 years ago
Madrid Company plans to issue 9% bonds with a par value of $5,300,000. The company sells $4,770,000 of the bonds at par on Janua
ASHA 777 [7]

Answer and Explanation:

The journal entry are as follows

1. Interest expense $214,650

       To Cash $214,650

(Being the first interest payment is recorded)

The computation is shown below

= $4,770,000 × 9%  × 6 months ÷ 12 months

= $214,650

For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited

2. Cash $530,000

      To Bond payable $530,000

(Being the cash sale of bond is recorded)

For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable

5 0
3 years ago
Other questions:
  • In an analysis of the market for paint, an economist discovers the facts listed below. State whether each of these changes will
    10·1 answer
  • In two to three sentences, explain why a small amount of inflation encourages economic growth. will give brainliest
    5·1 answer
  • Triad Children's Center (TCC), a non-profit organization, uses relevant cost analysis to determine whether new services are desi
    11·1 answer
  • Aztec Corp. is a manufacturer of truck trailers. On April 1, 2020, Aztec Corp. leases ten trailers to Wildcat Company under a si
    5·1 answer
  • Equipment costing $70,000 with a salvage value of $14,000 and an estimated life of 8 years has been depreciated using the straig
    6·2 answers
  • While attending classes at her college, Lisa parks her Corvette on the street and locks it. When she returns, it is gone. She re
    5·1 answer
  • Please join my zoom i am bored
    11·2 answers
  • When Job 117 was completed, direct materials totaled $5,090; direct labor, $5,838; and factory overhead, $4,042. A total of 1,49
    6·1 answer
  • Which is NOT a factor of production?
    6·1 answer
  • Which product would be considered part of the business-to-business market?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!