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4 years ago

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

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As the financial consultant to a classic auto dealership, you estimate that the total value (in dollars) of its collection of 19

Sophie [7]

Answer:

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

Explanation:

the price formula for the future years is:

$v = 301000 + 960 t^{2}$

while it is adjusted for inflation at:

$v \times e^{-0.05t}$

so the complete formula for value is:

$\frac{301000 + 960 t^{2}}{e^{0.05t}}$

Now, we can derivate and obtain the roots

Getting at a root exist at the 29th year.

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

8 0

3 years ago

Oscar makes purchases of an existing product (X) such that the marginal utility of the last unit he consumes is 10 utils and the

sammy [17]

Answer:

INCREASE in Consumption of product Y

DECREASE in Consumption of product X

Explanation:

Based on the information given we were told that the already existing product (X) has a marginal utility of 10 utils as well as the price of the amounts of $5 while the new product (Y) has a marginal utility of 8 utils as well as the price of the amounts of $1 which means that PRODUCT Y marginal utility and price is lower than that of PRODUCT X marginal utility and price.

Therefore equal marginal principle suggests that Oscar should INCREASE his consumption of product Y and DECREASE his consumption of product X reason been that product Y has a lower marginal utility of 8 utils and the price of the amounts of $1 which means that his consumption of Product Y has to be INCREASED while product X on the other has a higher marginal utility 10 utils as well as the price of the amounts of $5 which means that his Consumption of Product X has to DECREASED.

7 0

3 years ago

Where do you pay a bill by credit card when the bill was not entered through the enter bills window?

omeli [17]

To pay the bill by credit card when the bill was not entered through the enter bill window -The pay bill windows on the Home window are used to pay a bill by credit card.

Write check window is used to pay sales tax,payroll taxes and when paying bill track with accounts payable.

Credit cards let you borrow money from a bank below the agreement that you will pay off it by way of your bill's due date or incur interest fees.

A credit card is a kind of credit facility, provided through banks that allow customers to borrow finances inside a pre-authorized credit score restriction. It enables clients to make buy transactions on goods and services.

A credit score card loan works like a personal mortgage from a bank, with cash deposited at once into your financial institution account and repaid in month-to-month installments.

Learn more about credit card here: brainly.com/question/6872962

#SPJ4

4 0

2 years ago

Shelby purchased 100 shares of ABCD Growth fund for $10.00 per share. She had income dividends of $15, capital gain distribution

a_sh-v [17]

Answer:

Percentage of total return on Investment = <em>ROI = 17% </em>

Explanation:

Let’s

ROI = Return on Investment = ?

D = Dividends = $15

CGD = Capital Gain Distributions = $35

CGS = Capital Gain on Sale = $120

SP = Shares Purchased = 100

CS = Cost per share = $10.00

ROI = (D + CGD + CGS) / (SP * CS)

ROI = ($15 + $35 + $120) / (100 * $10.00)

ROI = 170 / 1,000

ROI = 0.17

Percentage: 0.170 x 100%

8 0

3 years ago

Read 2 more answers

One of the top-selling items at a gift shop at Hilo, HI are autographed pictures of Jack Star. Sales are 18 pictures per week, a

ValentinkaMS [17]

Answer:

a. 54

b. 810 dollars

c. 390 dollars

d. 75 pictures

e. 561.6 dollars and 562.5 dollars

f. 38 pictures

Explanation:

demand per week = 18 pictures

annually this demand = 18 *52 = 936

charge per unit = 60 dollars

order for 6 weeks = 6*18 = 108 quantities

cost of ordering = 45 dollars

cost of holding annually = 15 dollars

a. current average inventory

= (18*6)/2

= 54 pictures

b. current annual holding cost

(108/2)*15

= 810 dollars

c. current annual holding cost

= 936/108 * 45

= 390 dollars

d. size orders to be placed

= $\sqrt{\frac{2*936*45}{15} }$

= $\sqrt{5616}$

= 74.9

≈ 75 pictures have to be ordered

e. ordering holding cost per picture

936/75 * 45

= 561.6 dollars

and inventory holding cost per picture

= 75/2 * 15

=562.5 dollars

f. shop inventory per year at optimal ordering quantity

= 75/2

= 37.5

≈ 38 pictures

4 0

3 years ago