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3 years ago

On which of the following goods or services might a tax increase be hardest to pass on to consumers? A) automatic car washes

Business

2 answers:

dsp733 years ago

7 0

Answer:

A) automatic car washes

Explanation:

Passing taxes to consumers will be easier for those goods that are essential to everyday life, such as medicine, food, and even gasoline. However, in the case of goods that consumers are not fully dependent on, such as car washes, increased taxation may decrease demand as this type of good or service can be replaced. Consumers themselves may decide to wash their cars if the price of washing is increased.

alexandr402 [8]3 years ago

3 0

It would be hardest to pass a tax increase on A. automatic car washes, because car washes are relatively more elastic than other products mentioned, so consumers would like this change the least.

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A corporate treasury working out of Vienna with operations in New York simultaneously calls Citibank in New York City and Barcla

WARRIOR [948]

Answer:

Given $1 million and the following quotes:

Bank C - $0.7551-61/€

Bank B - $0.7545-75/€

There are two different arbitrage strategies that can be attempted. The first is to buy euros from bank B, and then sell them to bank C:

Buy euros Bank B:

Euros to be bought = $1,000,000 x Euro / $ 0.7575

Euros to be bought = 1,320,132.01 Euros

Sell euros Bank C:

Euros to be sold = 1,320,132.01 euros x $0.7551 / Euro

Euros to be sold = $996,831.68

The profit/loss can be calculated by subtracting the original starting amount of dollars by the post-arbitrage amount:

Profit/loss = $996,831.68 - $1,000,000

Profit/loss = -$3,168.32

The second strategy involves buy euros from bank C and selling them to bank B: Buy euros Bank C:

Euros to be bought = $1,000,000 x Euro / $ 0.7561

Euros to be bought = 1,322,576.38 Euros

Sell euros Bank B:

Euros to be sold = 1,322,576.38 euro x 0.7545 / Euro

Euros to be sold = $997,883.88

The profit/loss can be calculated by subtracting the original starting amount of dollars by the post-arbitrage amount:

Profit/loss = $997,883.88 - $1,000,000

Profit/loss = -$2,116.12

In both instances a loss is made by the arbitrage. The arbitrager cannot make a profit using these quotes.

3 0

3 years ago

Read 2 more answers

A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $

Taya2010 [7]

Answer:

800 Recliners

Explanation:

Calculation for the optimal number of recliners the company should make during each production run

Using this formula

Economic Order Quantity (EOQ) =√ [(2 D x S) / C]

Where,

Annual Demand (D) = 6,400 Recliners

Fixed Ordering Cost (S) = $400

Carrying cost per recliner (C) = $8

Let plug in the formula

Economic Order Quantity (EOQ)= √[(2 x 6,400 x $400) / $8]

Economic Order Quantity (EOQ)=√$5,120,000/$8

Economic Order Quantity (EOQ)=√$640,000

Economic Order Quantity (EOQ)= 800 Recliners

Therefore the optimal number of recliners the company should make during each production run will be 800 Recliners

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3 years ago

A year after she assisted Thomas Engineering in making changes to an employee incentive plan, Kara, an OD consultant, is visitin

Sergeeva-Olga [200]

Answer:

The answer is: Evaluation stage

Explanation:

The evaluation stage (or phase) of organizational development comprises evaluation and closure. At this phase the OD consultant should be able to measure how successful her plan was. She should also gain important information about what other key aspects should be improved and elaborate future action plans. Organizational development work is not static, it should continuously receive and process feedback in order to keep readjusting itself to keep improving.

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3 years ago

16. Demographics are

ZanzabumX [31]

Answer:

statistical data relating to the population and particular groups within it.

Explanation:

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3 years ago

Antique Brass Company has budgeted sales volume of 127 comma 000 units and budgeted production of 110 comma 000 units, while 30

olga55 [171]

Answer:

13,000 units

Explanation:

The excess of budgeted sales over budgeted production = 127,000 - 110,000 = 17,000 units. In other words, this is the number of units that the company will be in short of.

The company has 30,000 units in beginning inventory, thus the amount of ending finished goods inventory will be = 30,000 - 17,000 = 13,000 units

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3 years ago