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3 years ago

Deregulation always leads to lower prices for the consumer. True. False.

Business

1 answer:

Lera25 [3.4K]3 years ago

6 0

The answer best and only answer to your question is False.

A well-known professor of business economics at the University of San Francisco James Shaw said once "The benefits of deregulation are short- to intermediate-term generally for any industry,".

Hope my answer would be a great help for you.

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Determine whether each scenario is an example of tax avoidance or tax evasion. Andrea keeps a record of all her business-related

Brums [2.3K]

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.

7 0

3 years ago

It is reported that an annuity-immediate with $100 annual payments for s years has an accumulated value of $933.52 at the time o

Gre4nikov [31]

Answer:

Check the explanation

Explanation:

The Expressed accumulated value (which is the overall sum an investment holds at present, which also includes the capital that was invested and the gain it has received to date. The accumulated value can also be referred to as an cash value.) of this third annuity at the time of its last payment can be seen in the attached image below:

8 0

4 years ago

At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b

meriva

Answer:

$6,540

Explanation:

Given:

accounts receivable of $238,000

allowance for uncollectable accounts of $600 (credit)

Also, the allowance for uncollectible accounts should be 3% of accounts receivable.

Therefore the amount of the adjustment for uncollectible accounts would be

= 3% of $238,000 - $600= $(7140-600)= $6,540

4 0

3 years ago

To be considered of high quality, a product must: Select one: a. meet high specifications b. meet customers' stated expectations

masha68 [24]

Answer:

Explanation:

meet safety standards

4 0

3 years ago

Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T

Neko [114]

Answer:

Total contribution margin= $1,884,180

Explanation:

Giving the following information:

Direct Materials 150

Direct Labor 28

Variable Manufacturing Overhead 25

Variable Selling 16

Sales in units= 10,130

Selling price= $420

Direct material cost= 150*1.1= $165

First, we need to calculate the unitary contribution margin:

Unitary contribution margin= selling price - total unitary variable cost

Unitary contribution margin= 420 - (28 + 25 + 16 + 165)

Unitary contribution margin= $186

Now, the total contribution margin:

Total contribution margin= 10,130*186

Total contribution margin= $1,884,180

3 0

3 years ago