1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mama L [17]
3 years ago
8

Your department store receipt says that you pay a 5% sales tax on sports equipment. this sales tax is an example of a

Business
1 answer:
gladu [14]3 years ago
7 0
Regressive tax......
You might be interested in
Two roadway design are under consideration. Design 1A will cost $3 million to build and $100,000 per year to maintain. Design 1B
melomori [17]

Answer:

hhhh

Explanation:

6 0
3 years ago
Many employment contracts have mandatory arbitration clauses.<br><br><br> False<br><br> True
tensa zangetsu [6.8K]
This answer is True
5 0
2 years ago
Which of the following provides the best example of a systematic-risk event? A. A strike by union workers hurts a firm's quarter
shutvik [7]

Answer:

C.

Explanation:

From the various options listed, the one that would be considered a systematic-risk event would be if the Federal Reserve increases interest rates 50 basis points. This is mainly because this event would cause various entire markets to be affected, as increasing the reserve interest rates causes the value of the country's currency to devalue and become more expensive to make purchases as well as obtain loans. Therefore affecting a wide range of entire markets throughout the country.

8 0
2 years ago
Suppose a firm that makes appliances merges with a company that produces running shoes, and it later also buys a dairy. what is
PolarNik [594]

This combination is called CONGLOMERATE MERGER. A conglomerate merger is the unification between firms or companies that are involved in business activities that are no way related to each other. The two types of conglomerate merger are PURE AND MIXED. Pure conglomerate involves companies with nothing in similarity. Whereas for mixed conglomerate, it involves companies that are looking for product or market extensions. 

 

<span> </span>

6 0
3 years ago
Quay Co. had the following transactions during the current period.Mar. 2 Issued 5,000 shares of $7 par value common stock to att
LenaWriter [7]

Answer:

Following are the  journal entries to this question:

Explanation:

Date                            account title                                  Dr.                        Cr.

Mar.2                Incorporation expense                     \$39,600

          Common Stock (Par value=5000 \ Shares \times 7)                \$35,000        

       Paid in excess of par- Common Stock (39600-35000)             \$4,600

      (Bein 5000 common shares Of par value \$4 each issued )

June. 12                                       Cash                            \$519,100

                   Common Stock (Par value -63400\  Shares \times 7)                  \$443,800

        Paid in excess of par- common stock (519100-443800)              \$75,300 (Being 63400 common shares of par value \$7 each issued for \$519100 cash)

July-11                    cash 2175\  shares\times \$130                   \$282,750

               Preferred Stock (Par value =2175\  Shares \times \$110)             \$239,250      

               Paid in excess of par- Preferred stock (282750- 239250)                               (Being 2175 Prefered shares of par value \$110 each issued for \$130 each)

Nov. 28                         Treasury Stock                                           \$83,500

                                     cash                                                            \$83,500

                (Purchased 2,350 shares of treasury stock for\$83,500 ).

3 0
3 years ago
Other questions:
  • The Cutting Department of Sheffield Company has the following production and cost data for July.
    10·1 answer
  • Define osmosis and predict the direction of water movement based on differences in solute concentrations.
    8·1 answer
  • When Kimberly begins working for Pharmco Industries the company tells her that at a future after so many years of employment wit
    13·1 answer
  • Todd, an analyst for the U.S. government, has been given the task of assessing the economic performance of Country X in the inte
    7·1 answer
  • Assume that a bond makes 10 equal annual payments of $1,000 starting one year from today. The bond will make an additional payme
    6·1 answer
  • International Finance Problem Set on Working Capital Management1. Rossignol Co. manufactures and sells skis and snowboards in Fr
    12·1 answer
  • A $50 par value convertible preferred stock is convertible into 5 shares (exercise price of $10). The preferred is selling for $
    11·1 answer
  • A decision at the marginVan is a hard-working college senior. One Thursday, he decides to work nonstop until he has answered 200
    10·1 answer
  • Kelly has decided to start his own business giving sailing lessons. To purchase equipment for the business, Kelly withdrew $1,00
    13·1 answer
  • Which transaction caused John to overdraw his account?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!