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kykrilka [37]
3 years ago
14

When Parker started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and

distribute safety goggles for construction workers and military personnel. He realized most of his business would not be through walk-in customers but rather large orders from companies. He chose to locate in a government-subsidized area called a(n) ________________, where he would receive tax breaks and other government support.
Business
1 answer:
Stella [2.4K]3 years ago
7 0

Answer:

Enterprise Zone

Explanation:

Based on the information provided within the question in regards to the situation at hand, Parker most likely chose to locate in an area called an Enterprise Zone. These are zones that have government policies offering reduced regulations, tax breaks, and other infrastructure incentives in order to get more business into the zone. Which is exactly what Parker needs and is looking at for his business.

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The revenues and expenses of Paradise Travel Service for the year ended May 31, 2018, follow: Accounts Fees earned $809,500 Offi
abruzzese [7]

Answer:

$377,200

Explanation:

Preparation for a retained earnings statement for the year ended May 31, 2018

First step is to calculate the Net income

Net income During The Year

Accounts Fees earned $809,500

Less Office expense 295,200

Miscellaneous expense 10,600

Wages expense 450,900

Net Income $52,800

Second step is to calculate the Change In Retained Earnings

Dividends $15,600

Net Income $52,800

Change In Retained Earnings $37,200

($52,800-$15,600)

Now let calculate retained earnings statement

Beginning retained earnings $340,000

Add Change In Retained Earnings $37,200

($52,800-$15,600)

Retained Earning May 31, 2018 $ $377,200

($340,000+$37,200)

Therefore the retained earnings statement for the year ended May 31, 2018 is $377,200

3 0
3 years ago
5. Suppose economies A and B have the same initial level of GDP per capita at $15,000, and each economy begins with a constant g
jekas [21]

Answer:

56

Explanation:

The rule of 70 can be used to determine the amount of years it would take the GDP of a country to double given its growth rate

Number o year for GDP to double = 70 / growth rate of country

for country A = 70 / 5 = 14 years

for country B = 70 / 1 = 70 years

70 years - 14 years = 56 years

5 0
3 years ago
TP4.
timofeeve [1]

Answer:

There would be no under-applied or over-applied overhead since the overhead applied will be equal to budgeted overhead.

Explanation:

Overhead application rate is the ratio of budgeted overhead to budgeted activity level. Overhead applied is overhead application rate multiplied by actual activity level. Under/over-applied overhead is the difference between overhead applied and budgeted overhead.

7 0
3 years ago
5. Any factor that can change is (1) Supply. (2) A variable. (3) A supply curve. (4) A supply schedule.​
antoniya [11.8K]
The correct answer is (2) A variable
5 0
3 years ago
When a remedy at law (i.e., money damages) is fully sufficient to bring justice, equitable remedies are permitted?
Ivanshal [37]
<span>When a court determines that the solution to a case can be satisfied with money damages, that is considered fully sufficient and no other action is taken against a defendant. This is because paying off money damages is considered to be satisfying the contract and makes the case and complaint therein null and void.</span>
7 0
4 years ago
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