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olga nikolaevna [1]
3 years ago
13

Taxes will almost always cause consumer prices to increase. How much they increase depends on:

Business
1 answer:
Bas_tet [7]3 years ago
7 0

Answer:

Tax rate

Explanation:

The tax and price index is a parameter that measures the effect of tax rates on consumer prices.

Firstly, taxes inflates the cost of items through Value added tax. The cost of the item becomes more expenses and the prices increase by the rate of VAT

Secondly, income taxes reduces the purchasing power of consumers and hence commodities are indirectly more expensive because at a lower disposable income consumers can only buy lesser units of a particular product.

Lastly, the corporate income taxes are factored into the prices of goods and services produced and offered by corporate organisations and that impacts the final prices at which those goods are sold on to the final consumers.

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Which of the following statements about blue-ocean strategies is NOT true?a) Blue-ocean strategies view the business universe as
lakkis [162]

Answer: Statement B

   

Explanation: Blue ocean strategies can be defined as strategies used by the organisations for the purpose of creating new demand and increasing customer base by entering into a market space that is unexplored by the competitors.

Thus, statement B is incorrect as blue ocean strategies is not used on matured markets but on uncontested and unexplored markets.

5 0
4 years ago
Esmerelda simplified a complex fraction. Her work is shown below.  What errors did Esmerelda make? Select three options. Esmere
Schach [20]

Picture relating to the question is attached below :

Answer:

Esmerelda did not use the recipro al of the Divisor.

Esmerelda added the numerator

Esmerelda added the denominator

Explanation:

Esmerelda's work:

-5 1/4 ÷ 3/2= -21/4 ÷3/2 = (-21/4)(3/2) = -24/6 = - 4

Esmerelda's errors:

When changing the quotient sign to multiplication ; the reciprocal of the denominator should be used to divide the numerator :

Hence,

-21/4 ÷3/2 = (-21/4)(3/2) (wrong expression)

-21/4 ÷3/2 = (-21/4)(2/3) (correct expression)

Also,

(-21/4)(3/2) = -24/6 ( wrong simplification)

The bracket symbol indicates multiplication. Hence, the values should be multiplied. The two Numerator values and the two denominator values.

5 0
3 years ago
Read 2 more answers
a sale is made at a lumber company for goods costing a total of $13,359 (which includes 9.5% sales tax). in the books of the lum
antoniya [11.8K]

Answer:

$12,200

Explanation:

Sales including sales tax = $13,359

Sales tax rate = 9.5%

Let the sales be = $X

Sales tax payable = Sales * Sales tax rate

Sales tax payable = X * 9.5%

Sales tax payable = 0.095X

Sales + Sales tax = Sales including sales tax

X + 0.095X = 13,359

1.095X = 13,359

X = 13,359/1.095

X = $12,200

So, Sales = $12,200. Thus, in the books of the lumber company, Revenue should be credited for $12,200

4 0
3 years ago
Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Ass
fenix001 [56]

This is gonne take me a while Explanation:

3 0
3 years ago
Which of the following is a criterion for the classification of a liability as current? I. It is a debt that can be paid from ex
Lelechka [254]

Answer:

It must be paid within one year or the operating cycle, whichever is shorter.

Explanation:

Current liabilities are short term obligations that a company needs to pay within the current financial year. Companies use current assets to offset their current liabilities. Examples of current liabilities include accounts payable, interest payable on outstanding loans, dividends payables, and long term debts maturing within the current financial year.

A business needs to monitor its levels of current liabilities to ensure it has sufficient current assets to pay them. There are situations where a company finds it necessary to obtain a loan to finance its current liabilities. The inability to pay current debts consistently may be indicative of more profound financial challenges within the organization.

6 0
3 years ago
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