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Nady [450]
3 years ago
8

Which of the following statements summarizes the incidence of the tax?

Business
1 answer:
tekilochka [14]3 years ago
8 0

Answer:

A. For each unit of the good that is sold, buyers bear one-half of the tax burden, and sellers bear one-half of the tax burden.

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The term that best matches the description given.
Leto [7]

Answer:

I think Quantitative data

Explanation:

I'm sry if I'm wrong

4 0
2 years ago
Welfare economics is the study of a. taxes and subsidies. b. how technology is best put to use in the production of goods and se
const2013 [10]

Answer:

The answer is b) how technology is best used in the production of goods and services

Explanation:

The concept of welfare economics is used in the context of the Economy and public finances. It is defined as the branch of the economy that tries to determine the conditions that are needed to reach the maximum of social welfare. For this, the conditions are established to maximize production with a given amount of resources and optimization of the distribution of goods and services, analyzing the policies pursued in the achievement of goals that are considered desirable from the point of view of well-being.

7 0
3 years ago
Aztec Company sells its product for $160 per unit. Its actual and budgeted sales follow.
nadezda [96]

Answer:

a. We have:

June's total cash collections = $605,760

July's total cash collections = $715,580

b. We have:

June's Loan Balance End of Month = $1,324,163

July's Loan Balance End of Month = $2,226,541

Explanation:

a. Prepare a schedule that shows the computation of cash collections of its credit sales (accounts receivable) in each of the months of June and July.

Note: See part a of the attached excel file for the schedule that shows the computation of cash collections for June and July.

In the part a of the attached excel file, we have:

June's total cash collections = $605,760

July's total cash collections = $715,580

b. Prepare a cash budget for June and July, including any loan activity and interest expense. Compute the loan balance at the end of each month.

Note: See part b of the attached excel file for cash budget for June and July.

In the cash budget in the attached excel file, the following calculations is made:

June additional loan = Minimum required cash balance - June Preliminary cash balance = $110,000 - (-$1,169,663) = $110,000 + $1,169,663 = $1,279,663

July additional loan = Minimum required cash balance - July Preliminary cash balance = $110,000 - (-$792,378) = $110,000 + $792,378 = $902,378

From the cash budget, we have:

June's Loan Balance End of Month = $1,324,163

July's Loan Balance End of Month = $2,226,541

Download xlsx
7 0
3 years ago
Which two international organizations most help developing countries?
madreJ [45]

Answer,

World Bank and International Monetary Fund.

Explanation,

World Bank is an organization with 186 member countries.It provides monetary and technical support to developing countries.International Monetary Fund has 186 member countries .Its purpose is to promote financial responsibility,prevent and solve economic crises ,encourage growth.It halso helps to eradicate poverty by encouraging countries to adopt responsible economic policies.It lends money to developing countries and provide training such as banking regulations.

7 0
3 years ago
Henrietta, the owner of a very successful hotel chain in the Southeast, is exploring the possibility of expanding the chain into
Troyanec [42]

Answer:

Henrietta

The amount that Henrietta can deduct in the current year for investigating these two businesses is:

= $83,800.

Explanation:

a) Data and Calculations:

Investigation cost for expanding the chain into the Northeast = $32,000

Investigation cost for expanding the chain into another location= $51,800

Total investigation costs = $83,800

b) According to the IRS, for the investigation costs to be deductible, they "must be both ordinary and necessary."  "Ordinary" refers to common or acceptable expense in the Hotel industry, while "necessary" means the expense helps Henrietta's business in its pursuit of earning income (which a business expansion does).  Therefore, the total investigation cost is deductible.

3 0
3 years ago
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