All categories

2 years ago

How does a merchandising business act as a collection agency for the state government?

Business

1 answer:

ExtremeBDS [4]2 years ago

5 0

Answer:

Charging Sales tax

Explanation:

Merchandising business is the kind of business, that buys or purchases the finished products and then resells them to the customers.

So, the merchandising business could act as a collection agency for the government through charging the sales tax. There is need to remit the government after collecting the tax and when it is done, the business will decrease the cash and the sales tax liability.

And it is the lability to the government until it is remitted by the business.

You might be interested in

An investor owned a 100-acre parcel that contained several natural asphalt lakes. A construction company was erecting highways f

Leona [35]

Answer: Yes

Explanation:

The construction company is entitled to compensation because it has a property right to enter and remove minerals.

The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.

7 0

2 years ago

Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $488,000, va

Neko [114]

Answer:

Explanation:

In This Cost accounting <u><em>(which is a methodical set of process and procedures for accounting and reporting the capacity of the cost of producing and given goods and carrying out services in the aggregate and in detail.) </em></u>question, the analysis in the diagram below indicates that Gator should produce gloves and mittens otherwise loss will be increased by $26,180

4 0

2 years ago

Ava’s Sweets wants to protect its company’s logo and name. What should Ava do?

Trava [24]

B because this is common sense

6 0

2 years ago

Read 2 more answers

Every time Beth buys a book at The Venus Bookstore, she presents her Venus card, and the sales associate enters her purchase in

Rus_ich [418]

Answer:

Explanation:

Hhhhhh

6 0

2 years ago

Read 2 more answers

whichh section of the policy analysis provides the overall content for the analysis by identifying key stakeholders and the

Alik [6]

The landscape section of the policy analysis delivers the overall context for the analysis by determining key stakeholders and the elements that must be considered when studying the problem.

<h3>What are types of policy analysis?</h3>

There are five basic methods of policy analysis: formal cost-benefit research, qualitative cost-benefit analysis, modified cost-benefit analysis, cost-effectiveness investigation, and the most typical type of policy analysis, multi-goal policy analysis.

<h3>What is the policy analysis process?</h3>

Policy Analysis is the procedure of identifying potential policy options that could address your problem and then corresponding those options to choose the most effective, efficient, and feasible one.

To learn more about the policy analysis process visit the link

brainly.com/question/14831053

#SPJ4

4 0

1 year ago