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3 years ago

With regard to the comprehensive annual financial report what are the three major sections

1 answer:

vladimir1956 [14]3 years ago

4 0

<span>List the government-wide statements. Indicate the measurement focus and basis of accounting used for the government-wide statements</span>

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Jackie has been working for a local small business called Personal Wellness for the last three years. It is a retail business th

andre [41]

Answer:

Explanation:

Wholesaling consist of the sale and all activities in selling goods or services to those who buy for resale or business use.

Characteristics of Wholesaling:

-Wholesalers generally buy merchandise direct from the producers in large quantity mainly in cash.

-They are trading concern having an army of agents and stocks the large quantity of goods, supply or sell goods to the directly or through their agents in small quantities.

-Wholesalers are financially good health. They purchased goods in cash from the manufacturer and sell to the retailers on credit.

-Wholesalers profit margins is very small so that they can maximizes their sales volume to earn maximum profit.

-They deals in limited product line or products.

-They maintain warehouse and godown at different places in the country to facilitate the trade at minimum transportation charges.

They sometimes make the grading of goods under their own name or brand name.

3 0

3 years ago

Draw a curve that shows the relationship between the tax rate and the amount of tax revenue collected. The relationship between

maw [93]

Answer:

Laffer curve.

Explanation:

Laffer Curve is developed by

Arthur Laffer. It is used to show the relationship between tax rates and the amount of tax revenue collected by governments of a particular country. Laffer curve is used to demonstrate Laffer’s argument that sometimes cutting tax rates can increase total tax revenue.

Laffer curve shows the relationship that occurs between the tax rate and the amount of tax revenue collected

The relationship between the tax rate and the amount of tax revenue collected is called the LAFFER CURVE curve. This curve shows that TAX CUT CAN INCREASE TAX REVENUE.

The drawing of a laffer curve has been attached

8 0

3 years ago

"1. AudioCables, Inc., is currently manufacturing an adapter that has a variable cost of $.50 per unit and a selling price of $1

pishuonlain [190]

Answer:

No.

Explanation:

Current profit of AudioCables, Inc without buying new equipment

Current Profit = Current sales volume * Selling price per unit - Fixed cost - Current sales volume * Variable cost per unit

= 30,000 * $1.00 - $14,000 - 30,000 * $0.50

= $30,000 - $14,000 - $15,000

= $1,000

So, the current profit of AudioCables, Inc., without buying new equipment is $1,000

Proposed profit of AudioCables, Inc after buying new equipment

Proposed Profit = Proposed sales volume * Selling price per unit – Fixed cost after buying new equipment - Proposed sales volume * Variable cost per unit after buying new equipment

= 50,000 * $1.00 - $20,000 – 50,000 * $0.60

= $50,000 - $20,000 - $30,000

= $0

So, the proposed profit of AudioCables, Inc., after buying new equipment is $0

Conclusion: As the profit of AudioCables, Inc., will reduce after buying new equipment from $1,000 to $0, therefore AudioCables should not buy the new equipment.

5 0

3 years ago

Which of the following entities would most likely agree with Adam Smith's statement?

Alinara [238K]

D. Stockholders for a pharmaceuticals company that has a new cancer drug

3 0

4 years ago

Read 2 more answers

Compare items that are exempt and nonexempt from Chapter 7 fillings. ( does A B C or D go with 1 or 2)(each letter must go with

Lilit [14]

Household appliances and pension are exempt
second car and heirlooms are not
#platolivesmatter

6 0

4 years ago

Read 2 more answers