What are goods or services state taxes provides

AleksAgata [21]

Is this an open ended question ? Or multiple choice ?

6 0

3 years ago

A small business company is considering updating the current production line. There are two plans. For plan A, the fixed cost wi

ICE Princess25 [194]

Answer:

Results are below.

Explanation:

Giving the following information:

Plan A:

Fixed costs= $40,000

Unitary varaible cost= $27

Plan B:

Fixed costs= $54,000

Unitary varaible cost= $26

Selling price per unit= $35

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Plan A:

Break-even point in units= 40,000 / (35 - 27)

Break-even point in units= 5,000

Plan B:

Break-even point in units= 54,000 / (35 - 26)

Break-even point in units= 6,000

3 0

2 years ago

In which of the following forms of doing business does the death of one of the owners cause dissolution? a. nonprofit corporatio

LenKa [72]

Answer:

b. partnership

Explanation:

Partnership refers to a form of business wherein two or more individuals agree to carry out a business mutually agreeing to share profits and losses in agreed ratio as per the clauses specified in the partnership deed.

Also, upon retirement or death of a partner, the partnership firm gets dissolved and requires to be reconstituted again with necessary changes being carried out in clauses and specified profit sharing ratio in the partnership deed.

Another significant feature of partnership being, except for limited liability partnership, in all other forms of partnerships, the partners are exposed to unlimited risk.

5 0

3 years ago

Choose all that apply. Select all the responsibilities of consumers. Gather information about products and services before makin

jolli1 [7]

Answer:

Stay informed about products that you buy to be aware of product recalls.

Gather information about products and services before making a purchase to be aware of price, quality, and the product specifications.

Read instructions on products and use them as intended.

Take action and report faulty products, fraudulent activity, and any other violation of consumer rights.

Consider the impact of your purchases on others and choose products that do not harm the environment.

Insist on compensation if you are not satisfied with your purchase.

8 0

3 years ago

Anthony, a self-employed plumber, makes a maximum contribution to a SEP for his employee, Debra. Debra's compensation is $40,000

aksik [14]

Answer:

$10,000

Explanation:

The maximum contribution you can made to SEP shall not exceed the lower of the following two limits for 2020:

1. 25% of total compensation paid to employee.

2. $57,000

By applying the above rule to the given scenario in question, the maximum contribution allowed by the Anthony to be made to SEP for Debra shall not exceed:

25% of total compensation=25%*40,000=$10,000

7 0

3 years ago