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ra1l [238]
4 years ago
15

What type of tax are sales tax and excise tax?

Business
1 answer:
m_a_m_a [10]4 years ago
6 0

Answer:

Indirect tax

Explanation:

Indirect tax are the types of tax that are collected by intermediaries or agents for the person that directly bears the burden on behalf of the government , and eventually remitted to the respective government account.

They are always charged and added to the price of a commodity under a relevant section on the invoice. In this category are sales tax excise tax, service tax and others

You might be interested in
A batch of 40 car batteries required $200 of directmaterials and 10 direct labor hours at $15 per hour.Estimated total overhead
igomit [66]

Answer:

The cost of the batch amounts to $350

Explanation:

Cost of the batch is the expense or cost which is incurred in order to make the product or good in order to earn profit.

The cost of the batch is computed as:

Cost of batch = Direct material + Direct Labor

where

Direct material is $200

Direct Labor is computed as:

Direct labor = Hours × Rate per hour

= 10 × $15

= $150

Putting the values above:

Cost of batch = $200 + $150

Cost of batch = $350

7 0
3 years ago
The market price of a bond issued at a premium is the present value of its principal amount at the market rate of interest:
Goryan [66]

Answer:

D. In addition to the present value of all future interest payments at the market (effective) interest rate

Explanation:

Hope this helps you :)

5 0
3 years ago
Total costs for Locke​ & Company at 140 comma 000 units are $ 289 comma 000​, while total fixed costs are $ 195 comma 000. T
Kobotan [32]

Answer: Total variable costs at a level of 260,000 units would be $1,74,460.

Explanation:

Total cost at 140,000 units = $249,000 and

Fixed cost = $195,000

Number of units = 140,000

∴ Total variable cost at 140,000 = Total cost - Total fixed cost

                                                      = 249000 - 195000

                                                       = $94000

Variable cost per unit = \frac{Total\ variable\ cost}{Number\ of\ units}

= \frac{94000}{140000}

= $0.671 per unit

Hence,

Total variable costs at a level of 260,000 units would be = Variable cost per unit × Number of units

= 0.671 × 260,000

= $1,74,460

5 0
3 years ago
AFLAC has had to ditch the AFLAC duck in its Japanese commercials because the Japanese consumer does not like to be yelled at. S
natka813 [3]

Answer:

Promotional adaptation

Explanation:

Promotional adaptation is defined as strategy that is used to sell the same product in different locations using different promotional strategy.

The strategy can be employed in some or all locations where the company operates.

In this scenario AFLAC has had to ditch the AFLAC duck in its Japanese commercials because the Japanese consumer does not like to be yelled at.

This helped to match AFLAC'S commercials to the unique needs of the Japanese people.

7 0
3 years ago
A CFP professional is a Registered Investment Advisor managing 120 million in assets. One of his clients sends a complain letter
irinina [24]

SEC reviews the information and have the authority of regulatory disclosure for the ADV.

<h3>What is SEC and how it works?</h3>

SEC is a Securities and Exchange Commission in United States who regulates the nation's securities industries.

The basic functions of the SEC is to protect the investors, capital formation and maintain the fairness in the market.

SEC is the governing body which has the authority in the case of ADV form.

Learn more about the ADV form here:-

brainly.com/question/14326387

#SPJ1

4 0
2 years ago
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