All categories

3 years ago

Which of the following is a way for states or local governments to raise revenues immediately?

Business

2 answers:

Simora [160]3 years ago

8 0

A.
raise the sales tax a way for states or local governments to raise revenues immediately

Inessa05 [86]3 years ago

3 0

The correct answer is A

You might be interested in

In comparing the current ratios of two companies, why is it invalid to assume that the company with the higher current ratio is

klio [65]

Answer: I found the options:

A. The current ratio includes assets other than cash.

B. A high current ratio may indicate inadequate inventory on hand.

C. The two companies may define working capital in differentterms.

D. A high current ratio may indicate inefficient use of various assetsand liabilities.

Explanation: The correct answer is "D. A high current ratio may indicate inefficient use of various assets and liabilities."

Is invalid to assume that the company with the higher current ratio is te better company because a high current ratio may indicate inefficient use of various assets and liabilities, That is why it would be convenient to observe other ratios that can help us compare more fully the 2 companies.

4 0

3 years ago

Generally, a business should consider insuring against an event when the risk

posledela

Answer:

Explanation:

The econimac situatiom will detertoarte further.

8 0

3 years ago

Jamie is researching places to live after graduating college he asked you I keep coming across as phrase cost-of-living I’ve nev

Klio2033 [76]

Answer:

The cost of living refers to the prices of goods and services needed to sustain an average level standard of living in an area

Explanation:

The cost of living refers to the cost of keeping up with a given standard of living. It is the amount Jamie would need to keep up with basic expenses such as food, housing, clothing and medical care. Cost of living compares the expense between living in two different areas. Jamie's cost of living is tied to his wages and it can be measured using what is called purchasing power parity.

6 0

3 years ago

A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what ki

Marianna [84]

Answer:

Keep-or-drop decision

Explanation:

Keep-or-drop decision is taken when a manager is in a dilemma whether to continue a product line or segment or shut it down. The manager needs to analyse income statement related to the product line to understand the major issue with product line. If costs are more than revenue, then the product line needs to be shut down. If the reasons for incurring losses can be addressed and that revenue from the product line is more, then it is not dropped.

Therefore, manager takes a keep-or-drop decision.

7 0

3 years ago

Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $344,000 and credit sa

umka21 [38]

Answer:

c. Bad Debt Expense 14,600 Allowance for Doubtful Accounts 14,600.

Explanation:

As for the information provided,

outstanding balance of accounts receivables = $344,000

Also that the uncollectible balance of accounts receivables is estimated = 5% of outstanding balance.

Therefore, balance at year end of allowance for uncollectible shall be = $344,000 $\times$ 5% = $17,200

Provided existing balance of allowance = $2,600

Thus, entry shall be for amounting = $17,200 - $2,600 = $14,600.

5 0

2 years ago