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Naya [18.7K]
3 years ago
7

A TAX ON PERFUME IS AN EXAMPLE OF AN. A. INCOME TAX. B. PROPERTY TAX. C.EXCISE TAX. D.STOCK TRANSFER TAX.

Business
1 answer:
nlexa [21]3 years ago
4 0
Its a progressive tax. According to my economics teacher it is a type of excise tax
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"The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. What is the profit or l
Mademuasel [1]

Answer:

$10 profit

Explanation:

In this question, we are asked to calculate the profit or loss to a short position.

Firstly, we identify that the spot price of market index is $900.

Now, a three months forward contract equals a value of $930.

Raising the index to $920 at the expiry date is obviously a profit to the short position.

To calculate the profit here, we simply subtract the index at expiry date from the three months forward contract.

Mathematically, this is equal to $930-$920 = $10 profit

8 0
3 years ago
On June 15, Kersee Company sold merchandise on account to Eng Co. for $1,000, terms 2/10, n/30. On June 20, Eng Co. returns merc
Nookie1986 [14]

Answer:

The amount received on June 24 is $686

Explanation:

given data

sold  account = $1,000

terms = 2/10, n/30

returns merchandise = $300

to find out

amount of cash received on June 24

solution

we know here that payment is made within the discount period

that is discount period  =   10 days

so amount received will be here

amount received = sold  account  - returns

amount received = $1000 - $300

amount received = $700

and discount is here

discount = 2% of amount received

discount = 2% × $700

discount = $14

so

amount of cash received is = amount received - discount  

amount of cash received is = $700 - $14

amount of cash received is $686

8 0
3 years ago
Cyclical unemployment is BEST described as unemployment arising from
Ira Lisetskai [31]

Answer:

Contraction cycle or Recession

Explanation:

The cyclical unemployment is due to the cycles of economy ( expantion:Grow and contraction: recession) Under these circumstances unemployment is considered normal as the economy cannot sustain itself always in an expansion cycle.

3 0
3 years ago
Maya is hoping to hire lifeguards to work at her community pools this summer. What is the first step she must take in this proce
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The first step Maya should take in the process of hiring lifeguards to work in the summer is to start the process of recruiting and selecting candidates.

<h3 /><h3>What is recruitment and selection?</h3>

It is the process of identifying the need to hire employees to fill open positions in an organization, according to the profile and qualifications required for the position.

Therefore, through a structured recruitment process, with resume analysis, interviews and tests, the company will identify the ideal professional to contribute with innovation and knowledge to achieve organizational goals.

Find out more about recruitment here:

brainly.com/question/10467107

7 0
2 years ago
Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Rehab Equipment Supplies E
scoundrel [369]

Answer:

$85

Explanation:

Calculation for what the inventory of surgical supplies would be valued at

Net realizable value = $100 - $15

Net realizable value = $85

Therefore based on the above calculation the inventory of surgical supplies would be valued at $85

8 0
3 years ago
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