Answer: True
Explanation:
The Marketing Control Statement is quite beneficial to marketers as it avoids fixed costs and shows them the variable and programmed costs both of which can be controlled. This enables them to know what they need to and can change in a way that they can come up with an optimal marketing mix to ensure profitability.
It is also a very uncomplicated statement to prepare which further ingratiates it to marketers who would like to avoid all the jargon of income statements.
<span>Individual shareholders will have the right to
receive dividends declared. They can sell their shares and have the right to
purchase issued shares. They can vote on the directors nominated by the board.
They also have the right to the remaining assets after liquidation. </span>
Answer:
Charles X
Explanation:
Charles X was a king of France between 1824 and 1830 and for the greater part of his life was known as the Count of Artois. During his reign as king, Charles X, whose full name is Charles Phillipe, lowered interest bonds to create funds to pay survivors of the emigres who forfeited their lands. He also restores primogeniture(the right of succession of the throne by first borns). He also enacted the law of death or imprisonment for sacrilege in his support of the Roman Catholic Church.
Cheers.
Answer:
1. Tax avoidance
2.Tax avoidance
3.Tax evasion
Explanation:
Tax avoidance refers to a legal way of reducing one's tax liability through lawful deductions. Ways to reduce tax liabilities are; capitalizing on tax advantage retirement accounts, liasing with tax advisor on the legal way for tax avoidance. Tax avoidance is however legal.
Examples of tax avoidance are;
1. Andrea keeps a record of all her business related expenses.
2. Daniel claims the amount of interest paid for his mortgage as tax deductions.
Tax evasion is a deliberate attempt by a tax payer to avoid payment of tax liability. It is a fraudulent action by a tax payer to wilfully evade tax in an illegal manner. In tax evasion, income is concealed to tax authorities inorder to evade tax payment which is a criminal offence. It is to be noted that tax evasion is illegal in the eye of the law.
Example of tax evasion is ;
3. Christian did not report the tips he earned on his tax return.
Answer:
C) 0.9.
Explanation:
The calculation of the price elasticity of demand is shown below:
Price elasticity of demand is
= (Change in quantity demanded ÷ average of quantity demanded) ÷ (Change in price ÷ average of price)
where,
q1 = 11
q2 = 9
p1 = $100
p2 = $125
So,
= {(9 - 11) ÷ (9 + 11) ÷ 2} ÷ {($125 - $100) ÷ ($125 + $100) ÷ 2 }
= {-2 ÷ 10} ÷ {25 ÷ 112.5 }
= -0.9
= 0.9
