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Dmitry [639]
3 years ago
7

What are the sources of income of the government?

Business
1 answer:
aniked [119]3 years ago
7 0
There are three main sources of income of the the government :
1) individual income tax
2) corporate income tax
3) payroll tax
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Solve the simultaneous equation <br>y+x=4<br>2y-x=5​
beks73 [17]

Answer:

<h2>Value of X = 1</h2>

<h2>Value of y = 3</h2>

Solution,

Using substitution method,

y + x = 4

Move 'x' to the left hand side and change its sign:

y = 4 - x --------> equation (i)

Now,

2y - X = 5

putting the value of y from equation (i)

2( 4 - x ) - X = 5

8 - 2x - x = 5

8 - 3x = 5

- 3x = 5 - 8

- 3x = - 3

The difference sign (-) will be cancelled in both sides

3x = 3

3x/3 = 3/3

X = 1

Value of X is 1

Now, replacing the value of X in equation (i)

y = 4 - x

= 4 - 1

= 3

Value of y is 3

Hope this helps...

Good luck on your assignment...

6 0
3 years ago
A personal selling approach that involves helping customers reach their strategic goals by using the products, services and expe
jolli1 [7]

Answer:

correct answer is Consultative Selling

Explanation:

personal selling approach is Consultative Selling  

we know it is that sales approach where priority relationship and open dialogue to the identify and provide them customer need and a solution

and that is focused on the customer rather than products sold and it help for a salesperson for the understanding challenge which is faced by the customer  

so correct answer is Consultative Selling

8 0
3 years ago
Select the correct statement regarding relevant costs and revenues.
givi [52]

Answer:

d) Avoidable costs are also known as sunk costs.

Explanation:

The avoidable cost are those cost that can be ignored while making decision. The sunk costs are all those cost which already been incurred and it will not be effected by the change in decision. The sunk costs are already been expensed so, whatever decision you make it will not be changed.

4 0
3 years ago
Use the following information to calculate for the year ended December 31, 2018
Anastasy [175]

Answer:

a. $13,000

b. $17,000

c. $27,000

Explanation:

a= Net income (loss) = Service revenue - Other operating expenses

Net income (loss) = $25,000 - $12,000

Net income (loss) = $13,000

b. Ending retained earnings = Beginning retained earnings + Net income - Dividends

Ending retained earnings = $5,000 + $13,000 - $1,000

Ending retained earnings = $17,000

c. Total assets = Cash + Accounts receivable + Supplies + Equipment

Total assets = $15,000 + $3,000 + $3,000 + $6,000

Total assets = $27,000

8 0
3 years ago
Sunland Company uses a perpetual inventory system. Its beginning inventory consists of 83 units that cost $56 each. During June,
german
<h3>Item 1:</h3>

Debit : Merchandise $13,888.

Credit : Accounts Payable $13,888.

<h3>Item 2:</h3>

Debit : Merchandise $560.

Credit : Accounts Payable $560.

<h3>Item 3:</h3>

Debit : Accounts Receivable $17,098.

Debit : Cost of Sales $11,536.

Credit : Sales Revenue $17,098.

Credit : Merchandise $11,536.

<h3>What is meant by inventory system?</h3>
  • A supply chain's full stock, supplies, and sales are tracked using an inventory system.
  • Businesses use inventory systems to make sure they are fully aware of the goods they have on hand and where they are.

<h3>What is inventory system with example?</h3>
  • All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.
  • Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients.
  • The car will be considered an asset.

<h3>What is inventory system and methods?</h3>
  • The procedures and software you employ to plan, order, store, and manage your inventory are known as inventory control methods.
  • There are generally two types of inventory control  manual and perpetual.
  • You must routinely perform physical counts of inventory when using manual inventory control.

<h3>What is the purpose of inventory?</h3>
  • Keeping a steady supply of goods on hand for activities is inventory's primary purpose.
  • Your company should look for the sweet spot between too much and too little stock, without ever running out, in order to carry out this duty efficiently.

Learn more about  inventory system here:

brainly.com/question/25887081

#SPJ4

3 0
2 years ago
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