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Anton [14]
3 years ago
13

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

Business
1 answer:
ExtremeBDS [4]3 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.

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During Year 1, Sparky Construction Company has a contract to construct a $4,500,000 high-rise apartment building at an estimated
Gelneren [198K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
8 0
3 years ago
Read 2 more answers
A firm's total revenue in perfect competition is:_______
schepotkina [342]

Answer:

A) a linear, B) downward-sloping line.

Explanation:

  • As the company would maximize its profit thus it divides the total revenue by quantity. As a form in a competitive market with the perfect competition, it has a profit which is completely revenu to the total costs. Which is calculated by the formula:
  • Total Revenue = Price * Quantity
  • The Average Revenue will be  = Total Revenue / Quantity
  • The Marginal Revenue shall be  = Change in Total Revenue / Change in Quantity of the product.
  • The AR will be the amount of revenue a company receives for each unit of output. The MR will be the change in the total revenue of output sold.
  • For the perfect competition, both the AR and MR will be equal to price.
7 0
4 years ago
True or false: The key to success for companies in a capitalist economy is to remain inflexible during times of change.
Naddika [18.5K]

It is <u>false</u> that the key to success for companies in a capitalist economy is to remain inflexible during times of change.

This is because times of change often involve changes in technology or customers' tastes. Any company that refuses to yield to change in technology or consumer taste risks the chance of remaining stagnant in the market.

Not only that, when a company remains inflexible during times of change, such a company tends to lose many customers.

For example, the failure of Nokia to use android early in its mobile phone product due to technological change cost them losing many customers.

Hence, in this case, it is concluded that the correct answer is <u>False</u>.

Learn more here: brainly.com/question/25296961

3 0
3 years ago
A client is to be transferred from the coronary care unit to a progressive care unit. The client asks the nurse, "Are you sure I
german

Complete/Correct Question:

A client is to be transferred from the coronary care unit to a progressive care unit. The client asks the nurse, "Are you sure I'm ready for this move?" What should the nurse determine that the client most likely is experiencing based on this statement?

Answer:

Fear

Explanation:

The client is fearful because he/she is being transferred from a high supervised unit to one perceived as less supervised.

This is because the client wants to avoid a recurrence of his condition as a result of the unit change to a lesser supervised area as thought by the client.

In this regard, the nurse is meant to reassure the client about the continuous supervision of his/her situation no matter which unit he/she in in.

Cheers.

7 0
3 years ago
You are considering two projects. Project A has projected cash flows of $6,500, $4,500, and $2,500 for the next three years, res
Zinaida [17]

Answer:

Project A is more valuable than Project B given a positive discount rate.

Explanation:

Let us assume the Discount Rate be r and cash flow for year n be CFn

Also

Let us assume initial Investment be X

So,  

NPV = ΣCFn ÷ (1+r)^n

NPVA = - X + 6500 ÷ (1 + r) + 4500 ÷ (1+r)^2 + 2500 ÷ (1+r)^3

NPVB = - X + 2500 ÷ (1+r) + 4500 ÷ (1+r)^2 + 6500 ÷ (1+r)^3  

NPVA - NPVB = - X + 6500 ÷ (1+r) + 4500 ÷ (1+r)^2 + 2500 ÷ (1+r)^3 - (- X + 2500 ÷ (1+r) + 4500 ÷ (1+r)^2 + 6500 ÷ (1+r)^3)

= 4000 ÷ (1+r) - 4000 ÷ (1+r)^3 = 4000(1 ÷ (1+r) - 1 ÷ (1+r)^3)

In the case when

Ir > 0, 1 ÷ (1+r) > 1 ÷ (1+r)^3

So,  

NPVA - NPVB > 0 => NPVA > NPVB

7 0
3 years ago
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