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Elza [17]
3 years ago
7

Sment

Business
1 answer:
nexus9112 [7]3 years ago
4 0

Roads, schools, and

emergency services are funded by the government through the taxes.

Explanation:

Government collects taxes for the functioning of the government machineries. The reasons the taxes to be collected from the citizens of US are listed in the Article I, Section 8 of constitution of US. The three main types of taxation are as follows namely,

1. Progressive tax

2. Regressive tax

3. Proportional and flat tax.

Taxes are levied on the property, sales, income, dividends, imports, capital gains, payroll, gifts or estates. Eritrea and USA are the only countries that taxes non-residents on worldwide income as much as they tax the residents.

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IZ Corporation purchased land for $400,000. Later in the year, the company sold a different piece of land with a book value of $
nadezda [96]

Answer and Explanation:

1. Gain on sale of land

It is come from

= Sale value - book value

= $240,000 - $200,000

= $40,000

Since there is a gain of $40,000 which is to be deducted from a net income under the cash flow from operations

2. Cash received from sale of land

The cash is received from sale of land reflects that the cash is come i.e inflow of cash and the same is to be reflected under the cash flow from investing activities in a positive amount i.e $240,000

3. Cash paid for purchase of land

The cash is paid for purchase of land reflects that the cash is gone i.e outflow of cash and the same is to be reflected under the cash flow from investing activities in a negative amount i.e -$400,000

6 0
4 years ago
This resume format focuses on the task or skills that an applicant can preform :
Sveta_85 [38]

The correct answer is B.

There are a number of ways to format a resume. A functional resume focuses on the tasks or skills that the applicant can perform.

3 0
4 years ago
The Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being p
lisov135 [29]

Answer:

the and of a to in i it with that you at this on from he my or we but as be they for not will one time just like have people so can first which good know ...

Explanation:

8 0
3 years ago
Research and development, production, marketing and sales, and customer service are all examples of _____.
Vinil7 [7]
<span>They are all examples of primary activities. They are a part of Michael Porter's value chain, and they provide an edge to the company that performs them. They aim to make a value that outvalues the cost of performing the activities, and make the company a profit as a result.</span>
7 0
4 years ago
Which of the following is an example of an ethical standard you may find in
sp2606 [1]
B) bribing government officials
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3 years ago
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