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3 years ago

The government uses the revenue from taxes to pay for goods and services for the community.

Business

2 answers:

Lelechka [254]3 years ago

6 0

The government uses the revenue from taxes to pay for goods and services for the community.

The answer is true.

ruslelena [56]3 years ago

4 0

This answer is true and very well should be true.
It is a criminal act to use tax revenue for personal gain.

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A b c d

lina2011 [118]

Answer:

Net Sales a. $ 150,000, b. $ 902,500, c.$ 50,600, d.$ 268,500

Gross Profit a. $ 50,850 b. $ 344,755 c. $ 11,638 d. $ 139,083

Gross Margin ratio a. 33.9 %, b. 38.2 %, c. 19.9 %, d. 51.8 %

Explanation:

Computations of data requirements

a b c d

$ $ $ $

Sales 169,000 930,000 57,000 276,000

Less: Sales discounts ( 4,000) ( 21,500) ( 600) ( 5,300)

Less Sales return and allowances <u>( 15,000) ( 6,000) (5,800) ( 2,200)</u>

Net Sales 150,000 902,500 50,600 268,500

Cost of Goods Sold <u> 99,150 557,745 38,962 129,417</u>

Gross Profit 50,850 344,755 11,638 139,083

Gross Margin Ratio % 33.9 % 38.2 % 19.9 % 51.8 %

5 0

3 years ago

On August 2, Jun Co. receives a $6,300, 90-day, 12% note from customer Ryan Albany as payment on his $6,300 account receivable.

Sloan [31]

Answer: October 31

Explanation:

It is a 90 day Note so the maturity date will be:

= August 2 + the remaining 29 days in August + 30 days in September + 31 days in October

= October 31

The expiry date will be October 31 as this would be 90 days from August 2, when the note was received.

5 0

3 years ago

according to age-earnings data, group of answer choices high earnings are due to motivation and innate ability, rather than educ

Delvig [45]

One of the indicators used in research on income levels is age. The result of research on age-earnings data is that investments in education result in higher earnings. Hence, the correct option is (D).

<h3>What is the Relationship Between Education and Earnings?</h3>

Based on the results of the research, it was found that people who have a higher level of education tend to have a higher level of income. This makes sense because, with a high level of education, a person basically has higher job opportunities. In addition, the knowledge possessed by someone with higher education allows that person to find the most appropriate solution to problems that exist in the business world.

Learn more about the relationship between employment and education at brainly.com/question/29338947

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3 0

1 year ago

Government spending will not crowd out private spending if:

yuradex [85]

There is an inflationary gap

I hope that helped

4 0

4 years ago

Which NIMS Management Characteristic includes maintaining accurate and up-to-date inventories of personnel, equipment, teams, an

Vlad [161]

Answer: Option A

Explanation: The comprehensive resource management is the characteristic of NIMS management that includes maintaining accurate and up to date inventories of various assets. CRM standardizes the mechanism for various functions like order and acquire etc. in relation to inventories of personnel, equipment, teams and supplies.

8 0

4 years ago