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3 years ago

Which statement about sales taxes is true?

Business

2 answers:

dimaraw [331]3 years ago

6 0

Answer:

C. They increase the general price of services.

Explanation:

A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax. A value-added tax (VAT) collected on goods and services is similar to a sales tax.

adelina 88 [10]3 years ago

4 0

Answer:

The correct answer is option C. They increase the general price of services.

Explanation:

When the government puts a tax on a product or service that is for sale, it means that that tax is a sale tax.

The seller of the product will charge you that tax and will take care of sending it to the government.

This type of tax will be applied to the final consumer, that is, to the person who is buying the product or service.

Given this information we can say that the correct answer is option C.

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Firms colluding: a. Earn short run normal profits. B. Increase competition by firms through advances in technology. C. Earn shor

IgorLugansk [536]

Answer:

D. Earn short run economic profits

Explanation:

A cartel can be defined as a formal agreement reached (collusion) in an oligopolistic industry between two or more business firms that are saddled with the responsibility of producing goods and services in order to make price and output decisions such as price regulation, total level of output or supply, allocation of customers, market shares, territory allocation, division of profits, collusive bidding etc.

This ultimately implies that, when a group of independent firms in an oligopolistic industry collude by reaching a formal agreement to regulate supply, as well as manipulate or regulate prices, they do so to increase their profits and market dominance.

Hence, firms colluding earn short run economic profits.

4 0

3 years ago

Perrigo's market capitalization is closest to: A) $952.16 million B) $3,580.14 million C) $4,168.06 million D) $4,425.15 million

inessss [21]

Answer:

B) $3,580.14 million.

Explanation:

Market capitalization is the total value of the enterprise. It is the sum of total outstanding shares of the company. Market capitalization is calculated by multiplying outstanding shares of the company by current market price of the each share.

Market Capitalization = No. of outstanding shares * Market price of each share

Market Capitalization = 91.33 million * $39.20

Market Capitalization = $3,580.14 million.

7 0

3 years ago

according to the international data corporation (idc), what is that crucial ability that will make cloud computing essential for

Fofino [41]

According to the International Data Corporation (IDC), the crucial ability that will make cloud computing essential for businesses to succeed, sustain, and compete in today’s markets is D. Data-driven decisions.

<h3>What are data-driven decisions?</h3>

A data-driven decision is the use of facts, metrics, and data to guide strategic business decisions to align with organizational future goals, objectives, and current initiatives.

Data-driven decisions enable organizations to observe real data and gain predictive insights, enabling the organization to achieve efficiency and effectiveness in its operations.

Thus, according to the International Data Corporation (IDC), the crucial ability that will make cloud computing essential for businesses to succeed, sustain, and compete in today’s markets is D. Data-driven decisions.

Learn more about data-driven decision-making at brainly.com/question/17651028

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4 0

2 years ago

The engineering team at Manuel’s Manufacturing Inc. is planning to purchase an enterprise resource planning (ERP) system. The so

AVprozaik [17]

Answer:

a. VENDOR A

Year Cashflow [email protected]% PV Cummulative PV

$ $ $

0 (380,000) 1 (380,000) (380,000)

1 125,000 0.9091 113,638 (266,362)

2 125,000 0.8264 103,300 (163,062)

3 125,000 0.7513 93,913 (69,149)

4 125,000 0.6830 85,375 16,226

Discounted payback period

= 3 years + $69,149/$85,375

= 3.81 years

Vendor B

Year Cashflow [email protected]% PV Cummulative PV

$ $ $

0 (280,000) 1 (280,000) (280,000)

1 95,000 0.9091 86,365 (193,635)

2 95,000 0.8264 78,508 (115,127)

3 95,000 0.7513 71,374 (43,753)

4 95,000 0.6830 64,885 21,132

Discounted payback period

= 3 years + $43,753/$64,885

= 3.67 years

The ERP should be purchased from vendor 2 because it has a shorter payback period.

Explanation:

In this question, we need to discount the cashflows for each project at 10% for 4 years. Then, we will calculate the cummulative present value by deducting the initial outlay from the cash inflows for each year until the initial outlay is fully recovered.

5 0

4 years ago

employees make greater use of their skills and enjoy more opportunities for professional development in a organization.

DedPeter [7]

In a decentralized organisation, employee uses more of their skills and enjoy professional development as well.

Decentralized organization is a type of organizational structure where most decisions-making are made by mid or lower level managers.

Under a decentralized organizational structure, the senior management delegates majority of decision making to lower levels in the organization.

In conclusion, employees who works under a decentralized organisation viii make greater use of their skills. Development of professional career will be enjoyed because more freedom are given to them at the workplace.

Learn more about Decentralized Organisation here

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5 0

2 years ago