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andrew11 [14]
3 years ago
13

Firms are willing and able to sell 100 guitars per day at a price of $250 per guitar. What price will firms require to sell 100

guitars per day if there is a tax of $15 per guitar?
Business
1 answer:
kondaur [170]3 years ago
5 0

Answer:

The correct answer is $ 265.

Explanation:

The gross price at which the product is required to be sold is the price  inclusive of all taxes charge on behalf of the Government (sales tax, federal excise duty etc).

So the sale price in the case given in the question will be sum of 250 dollars and 15 dollars that is 265$.

Please note that income tax in not included in price of the product.

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A(n) _____ refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance
Alexus [3.1K]

Answer:

A dashboard refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance metrics.

Explanation:

A dashboard refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance metrics.

A type of graphical user interface that often provides at-a-glance views of key performance indicators (KPIs) relevant to a particular objective or business process is known as a dashboard. In other ways, another name for  "dashboard" is  "progress report".

The "dashboard" is often displayed on a web page which is linked to a database that enables the report to be constantly updated.

3 0
2 years ago
Read 2 more answers
Suppose the EPS (earnings per share) of Wal-Mart stock is $2 and the current price per earnings ratio is 10. What is the current
julsineya [31]

Answer:

$20

Explanation:

Price / earnings per share = 10

earnings per share = $2

price / $2 = 10

Price = $20

7 0
3 years ago
Your girlfriend just won the Florida lottery. She has the choice of $15,000,000 today or a 20-year annuity of $1,050,000, with t
Makovka662 [10]

Answer:

3.44%

Explanation:

For this question we use the RATE formula that is shown on the attachment

Data provided in the question

Present value = $15,000,000

Future value or Face value = $0

PMT = $1,050,000

NPER =  20 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the rate pf the return is 3.44%

3 0
3 years ago
Manny has his money in a savings account earning 3 percent interest. How long will it take his money to double?
Nostrana [21]
The answer  to your question is twenty-four years
4 0
3 years ago
Under the liability provisions of section 11 of the Securities Act of 1933, auditors may be liable to any purchaser of a securit
qaws [65]

Answer:

b) If auditors can demonstrate due diligence.

Explanation:

Under the liability provisions of section 11 of the Securities Act of 1933, auditors may be liable to any purchaser of a security for certifying materially misstated financial statements that are included in the registration statement. Under section 11, auditors usually will not be liable to the purchaser if auditors can demonstrate due diligence.

Section 11 of the Securities Act of 1933, 15 U.S.C. § 77k (1988), provides investors with the ability to hold issuers and others liable for any damage incurred and caused by false statements of fact or even material omissions of fact within registration statements as at when effective.

The Securities Act of 1933 was used to regulate the stock market as the first federal legislation. With this act, power was given to the federal government and taken away from the state governments.

Hence, the Securities Act of 1933 is used to protect investors from frauds by creating a set of standard rules.

In conclusion, auditors usually will not be liable to the purchaser if auditors can demonstrate due diligence in their services and responsibilities.

5 0
3 years ago
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