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4 years ago

If you purchase an item in a store you may be charged? Income tax, capital gains tax, sales tax, property tax?

Business

2 answers:

mina [271]4 years ago

6 0

Sales tax, because you are in a store that is selling you something

Nesterboy [21]4 years ago

4 0

Sales tax. i just had this question yesterday haha

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A Japanese investor can earn a 1 percent annual interest rate in Japan or about 4.1 percent per year in the United States. If th

Whitepunk [10]

Answer: 97.99

Explanation:

The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:

= Spot rate × (1 + Japanese rate / 1 + U.S rate)

= 101 × (1 + 1% / 1 + 4.1%)

= 101 × [(1 + 0.01) / (1 + 0.041)]

= 101 × (1.01/1.041)

= 101 × 0.9702209

= 97.99

4 0

3 years ago

1. Under the Securities Act of 1933, initial purchasers of securities may sue the auditors for misleading audited financial stat

NikAS [45]

Answer:

1. Under the Securities Act of 1933, initial purchasers of securities may sue the auditors for misleading audited financial statements and need not prove that they relied on the financial statements. The burden of proof is on the auditors to prove that they were relied in the performance of their work.

2. When CPAs are associated with unaudited financial statements

, a possibility exists that the client may misinterpret the extent of the CPAs' services and believe that the accountants are acting as auditors.

3. A document including audited financial statements that must be filed with the SEC by any company intending to sell its securities to the public through the mails or interstate commerce is called a Form S-1.

4. When damage to another is directly attributable to a wrongdoer's act, proximate cause is said to exist.

5. An engagement letter is the written contract summarizing the relationship between the auditors and the client.

3 0

3 years ago

Stacy Hanes is an African-American woman who has recently taken her first job and does not seem to like the work environment at

Anni [7]

Answer:

A. Mockery

Explanation:

Mockery -

It refers to the practice of unfair and absurd behaviour of a certain person or group of people in the society is referred to as mockery .

This is an absurd method of teasing any person , without considering about her or her thoughts and feelings .

The practice is seen in social places , company , schools , institutes etc.

Hence , from the given scenario of the question ,

Stacy Hanes is facing the issue of mockery , as the colleagues keep of teasing her about her educational qualifications and knowledge and the capability to work in the company .

Hence ,

The correct option is A. Mockery .

5 0

3 years ago

The first step in the decision-making process is A. evaluating the alternatives. B. evaluating the effectiveness of the chosen a

Roman55 [17]

Answer: Option D

Explanation:

Decision making means the important and timely action that needs to be taken. Decision making has six steps involved in the process the first step is to identify the problem or the decision to be made. In the second step the possible alternatives solutions are listed. Third step is to identify the consequences of the alternatives and ways it affects other peoples.

Fourth step is to consider the values before taking the decision. Fifth step is to make decision and take action accordingly. The final and sixth step is to evaluate the decision made.

7 0

3 years ago

On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21

il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000) $198,000

Goodwill Purchased (difference) $15,000

Cash (30% × $11,700) $3,510

To Investment in Mountain $3,510

(being cash is recorded)

Investment in Mountain (30% 17,700) $5,310

To Investment Revenue $5,310

(Being investment is recorded)

6 0

3 years ago