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weeeeeb [17]
3 years ago
14

WHY do we pay tax and what is it use for

Business
2 answers:
Vika [28.1K]3 years ago
7 0
Money paid in taxes go to the state funding.
lara [203]3 years ago
5 0
We pay taxes <span>The money you pay in taxes goes to many places. In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Tax money helps to ensure the roads you travel on are safe and well-maintained. Taxes fund public libraries and parks. </span>
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The following information has been taken from the ledger accounts of Bridgeport Corporation.
stealth61 [152]

Answer:current balance of retained earnings=$206,000

Explanation:

Net Retained Earnings =  Total Income since Incorporation−

Total Cash Dividend Paid−  Value of Stock Dividend distributed

Where

cash dividends distributed among the stakeholders= $55,000

 value of stock dividends distributed  = $31,000

Total Dividend Distributed = $86,000

Net Retained Earnings = $292,000 -($86,000)=$206,000

5 0
4 years ago
Ruby enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like
Leokris [45]

Answer:

training and development specialist

Explanation:

From the question we are informed about Ruby who enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like to use in her future career. In this case the career that would be the best fit for her based on her skills is training and development specialist.

Training and development specialists can be regarded as a profession that provide help in administering, creating and delivering of training programs for organization as well as Businesses. They do this through group discussions and lecturing and also team exercise.

8 0
3 years ago
Which of these is an example of an entrepreneur?
Lubov Fominskaja [6]
Option A. Jessie has the idea for a new phone app so he spend his money to set up a business
8 0
3 years ago
Mest Company has 9 employees. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, and FICA Medicare
bulgar [2K]

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question and its solution in the attached file.  

7 0
3 years ago
The margin of safety is a measure of the distance between budgeted sales and the break-even point. It can be measured in dollars
Rudiy27

Answer:

The correct option is these statements are true

Explanation:

Margin of safety is the measure of the reduction in sales that needs to be recorded before a company makes no profit,invariably the difference the planned sales volume and the sales volume required to break even(makes no profit no loss).

The margin of safety can be expressed in volume,say 100 units of a product,in dollar terms ,say each product sells for $100 each,the margin of safety becomes $10,000($100*100) and can also be expressed in percentage terms depending on the way management wants it stated.

4 0
4 years ago
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