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2 years ago

Main purpose or taxes is to

1 answer:

4 0

The primary purpose of taxation is to raise revenue to meet huge public expenditure. Most governmental activities must be financed by taxation. But it is not the only goal. In other words, taxation policy has some non-revenue objectives. so the answer is A.

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Identify the correctly written compound sentences. check all that apply. success in the global market requires at least a basic

kupik [55]

Answer:

2 and 4

Explanation:

7 0

3 years ago

(Ignore income taxes in this problem.) Alesi Corporation is considering purchasing a machine that would cost $283,850 and have a

gavmur [86]

Answer:

(A) Payback period for the machine= 3.5 years

(B) Simple rate of return for the machine= 87.5%

Explanation:

Alesu corporation is considering purchasing a machine that would cost $283,850

The useful life is 5 years

The machine would reduce cash operating costs by $81,100 per year

The salvage value is $107,100

(A) The payback period for the machine can be calculated as follows

= cost/amount of cash flow

= 283,850/81,100

= 3.5 years

(B) The simple rate of return for the machine can be calculated as follows

First we calculate the depreciation expense

= 283,850-107,100/5

= 176,750/5

= 35,350

Annual incremental income= cost savings -depreciation expenses

= 283,850-35,350

= 248,500

Simple rate of return = annual incremental income/cost × 100

= 248,500/283,850 × 100

= 0.875 × 100

= 87.5%

3 0

3 years ago

The scarcity problem:- Persists only because countries have failed to achieve continuous full employment.- persists because econ

ladessa [460]

Answer:

Persists because economic wants exceed available productive resources.

Explanation:

According to Lionel Robbins, Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.

The problem of scarcity is that our wants are always beyond what we can produce with our resources.

Economics is the solution to this problem of what resources to use, how best to use them, and when to use them.

Because of this scarcity, all people have to make choices. When making choices, we assess the opportunity cost or the alternative forgone.

The opportunity cost of taking action is what we could have got if we had taken an alternative action.

3 0

3 years ago

What are some examples of information you might include in the current status of a career plan? Check all that apply.

kolbaska11 [484]

answer:

a: classes you have taken

b: job or volunteer experience

e: software skills

g: leadership skills

4 0

3 years ago

Read 2 more answers

Sheridan Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the trans

Andre45 [30]

Answer: Explanation:

We debit the contributed assets and credit the capital account

cash 11,290 debit

equipment 2,740 debit

capital account 14,030 credit ( 11290 + 2740)

we debit the asset and recognize the payable amount

supplies 450 debit

account payable 450 credit

we debit the assets and credit the revenue

cash 1,303 debit

account receivable 689 debit

service revenue 1,992 credit (1303 + 689)

we debit the expense and credit the asset we use to pay it

rent expense 634 debit

cash 634 credit

we debit the expense and credit the consumed asset

supplies expense 187 debit (450 purchase - 263 at hand)

supplies 187 credit

8 0

3 years ago