Answer: $2100
Explanation:
From the question, we are informed that Oakley Company does not ring up sales taxes separately on the cash register and that the total receipts for February amounted to $32,100 and the sales tax rate is 7%.
The amount that must be remitted to the state for February's sales taxes will be:
= $32,100/(1+7%) × 7%
= $32100/(1 + 0.07) × 0.07
= $32100/1.07 × 0.07
= $2100
Answer:
Correct option is (a)
Explanation:
GDP or Gross domestic product includes monetary value of all goods and services produced within a country. It includes all private and public investments and exports less taxes and imports.
Option b, c and d are incorrect as GDP accounts for only domestic production and not foreign activities. Details about how income is distributed is not given by GDP. GDP provides details about economic condition of the nation. GDP does not indicate wholesome well being of the nation like human development, infant mortality and standard of living.
GDP accounts for factory production but does not account for any production carried out at the cost of environmental degradation.
Answer:
The answer is Substitutes.
Explanation:
For cross-price elasticity we can either have substitute goods or compliment goods. If the cross-price elasticity is positive, then the goods are substitutes and If the cross-price elasticity is negative, then the goods are compliments.
In this example, the cross-price elasticity is 0.31. This answer is postive, meaning, beer and wine are substitutes.
So 1% increase in price of wine will make demand of beer to rise by 0.31.
It can't be complement s because it is not negative.
It can't be necessities because this does not relate to cross-price elasticity
In Ghana. In the late spring 1970 Steve Reich went to Ghana to think about drumming. With a travel concede from the Special Projects division of the Institute of International Education, he advanced toward Accra keeping in mind the end goal to think about with Gideon Alorworye, the inhabitant ace drummer of the Ghana Dance Ensemble.
