All categories

3 years ago

What is domestic commerce?

1 answer:

5 0

Domestic commerce is
b. The buying and selling of products within a particular country

Foreign commerce is the buying and selling of products between two countries
Taxation is the way a government determines tax rates
Laws start out as proposals.

You might be interested in

Organizational purpose serves as the basis for an organization's ______. (select all that apply)

Alex_Xolod [135]

An organizational purpose serves as the basis for an organization's:

mission
culture
core values

<h3>What is an organizational purpose?</h3>

This refers to an firm's reason to exist that aligns with its long-term financial performance, provides a clear context for daily decision making, unifies and motivates it relevant stakeholders

Hence, the organizational purpose serves as the basis for an organization's mission, culture and core values.

Read more about organizational purpose

brainly.com/question/2306126

#SPJ1

7 0

2 years ago

Read 2 more answers

Colfax Corporation's financial statements for the current year include the following: Income from continuing operations before t

crimeas [40]

Answer:

$1,439,600 $780,400 − $84,000 + $743,200 = $1,439,600; the non-recurring loss is already included in income from continuing operations is the correct answer.

Explanation:

3 0

3 years ago

Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a

OlgaM077 [116]

Answer:

$86,050

Explanation:

Data provided in the question:

Sales = $634,000

Costs = $328,000

Depreciation expense = $73,000

Interest expense = $38,000

Tax rate = 21 percent

Dividends paid = $68,000

Now,

EBIT = Sales - Cost - Depreciation

= $634,000 - $328,000 - $73,000

= $233,000

EBT = EBIT - Interest

= $233,000 - $38,000

= $195,000

Net income = EBT - Tax

= $195,000 - (0.21 × $195,000)

= $195,000 - $40,950

= $154,050

Addition to retained earnings = Net income - Dividends

= $154,050 - $68,000

= $86,050

7 0

4 years ago

Match each retail term with the correct definition

katen-ka-za [31]

Answer:

what retall terms

Explanation:

8 0

3 years ago

A company has 150 employees, each working 40 hours per week and earning $11 an hour. Although the company does not pay any healt

ohaa [14]

Answer:

Total salary expense in week 1 = $440 x 150 = $66,000

Total deductions due to taxes = $121.66 x 150 = $18,249

Actual direct deposit of payroll in week is $66,000 minus $18,249 = $47,751

Explanation:

Number of employees = 150

Hourly wage = $11

Weekly hours worked = 40 hours

Weekly wage = 40 x 11 = $440 per employee

Taxes deduction:

Federal - 15% of gross earnings = $66

State - 5% of gross earnings = $22

FICA - 7.65% of first #128,400 = $33.66

Total deductions = $121.66

Net Earnings = $318.34

5 0

3 years ago

Read 2 more answers