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3 years ago

Taxes differ from tariffs because taxes are what?

Business

2 answers:

vlada-n [284]3 years ago

8 0

Answer:

Collected on domestic economic activity

Explanation:

apex

Usimov [2.4K]3 years ago

8 0

Answer:

collected on domestic economic activity

Explanation:

Taxes are financial charges people or organizations in a country have to pay.

Tariffs are charges that are imposed on specific products that are imported or exported in a country.

According to this, the answer is that taxes differ from tariffs because taxes are collected on domestic economic activity.

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considering synonymthe web 2.0 is not a new and improved version of the internet. which of the following alternate names most ac

Ludmilka [50]

WWW , also referred as Web 1.0 is the traditional World Wide Web and Web 2.0 is the current state of online technologies.
The biggest difference between Web 2.0 and Web 1.0 is the greater collaboration among Internet users, content providers and enterprises (websites that enable community-based input, interaction, content-sharing and collaboration). At Web 1.0 data was posted on Web sites, and users simply viewed or downloaded the content. Web 2.0 offers more dynamic Web that is more organized and is based on serving Web applications to users.

7 0

3 years ago

Typical Corp. reported a deferred tax liability of $6,000,000 for the year ended December 31, 2017, when the tax rate was 40%. T

Alex_Xolod [135]

Answer:

Income tax expense (Balancing figure) $13,200,000

To Deferred tax liability (8% × $15,000,000) $1,200,000

To Income tax payable ($30,000,000 × 40%) $12,000,000

(Being the income tax expense is recorded)

Explanation:

The compound journal entry is shown below:

Income tax expense (Balancing figure) $13,200,000

To Deferred tax liability (8% × $15,000,000) $1,200,000

To Income tax payable ($30,000,000 × 40%) $12,000,000

(Being the income tax expense is recorded)

For recording this, we debited the income tax expense as it increased the expenses and at the same time it also increased the liabilities i.e deferred tax liability and income tax payable so it would be credited

6 0

3 years ago

Naomi is planning to get a job after graduating from college. Which explains why she should establish a positive credit history?

AleksandrR [38]

Answer:

A). She will appear more responsible to future employers.

Multiple choices

A). She will appear more responsible to future employers.

B). She will be able to do the job better.

c). She will be able to complete her job search application better.

D). She will get an increase in the interest rate on her student loans.

Explanation:

A positive credit score is a result of responsible use of income against the debts incurred. It shows an individual is good at managing their personal finances. A negative credit score paints a bad picture of an individual. It communicates a lack of self-discipline in managing debts.

A positive credit score will portray Naomi as responsible in using her finances. Her employers will view her as good at managing money.

6 0

3 years ago

Read 2 more answers

Compute the payback period for each of these two separate investments:

musickatia [10]

Answer:

1.89 years and 2.91 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

For first case

The initial investment is $260,000

And, the net cash flow is shown below:

= Depreciation + incremental after tax income

where,

Depreciation equals to

= (Original cost - residual value) ÷ (useful life)

= ($260,000 - $10,000) ÷ (4 years)

= ($20,000) ÷ (4 years)

= $62,500

And the incremental after tax income is $75,000

So, the net cash flow would equal to

= $62,500 + $75,000

= $137,500

So, the payback period would be

= $260,000 ÷ $137,500

= 1.89 years

For second case

The initial investment is $170,000

And, the net cash flow is shown below:

= Depreciation + incremental after tax income

where,

Depreciation equals to

= (Original cost - residual value) ÷ (useful life)

= ($170,000 - $14,000) ÷ (9 years)

= ($156,000) ÷ (9 years)

= $17,333

And the incremental after tax income is $41,000

So, the net cash flow would equal to

= $17,333 + $41,000

= $58,333

So, the payback period would be

= $170,000 ÷ $58,333

= 2.91 years

5 0

3 years ago

The social and economic goals of __________ include private ownership of land and business.

MrRa [10]

Answer:

Capitalism

Explanation:

The social and economic goals of CAPITALISM include private ownership of land and business.

The capitalism is an economic and social system based on private ownership of the means of production, on the importance of capital as a generator of wealth and on the allocation of resources through the market mechanism.

7 0

3 years ago