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3 years ago

Which of the following is considered a purchase tax?

Business

1 answer:

Butoxors [25]3 years ago

4 0

I believe the answer is: D. excise tax

Purchase tax refers to the tax that must be paid by the buyer whenever they purchase a certain product. One of the example would be an excise tax.

Excise tax is the tax that buyers must paid when we buy a product that create some sort of negative effect to the society or environment. Example of an excise tax would be gasoline tax.

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Bill and Alma are shopping for their first home. They have found two houses that are nearly identical except for their locations

Verizon [17]

Answer:

The correct answer is c. Marginal analysis

Explanation:

Marginal analysis is a technique you can apply when you are comparing some options. We can say this analysis is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity. Using this technique you can maximize the potential profits.

The additional cost versus the additional benefit of a decision. In this case, Bill and Alma are analyzing if living 10 miles closer to their workplaces ( benefit) is worth the extra $25,000 in the cost of the house(cost). This is marginal analysis.

8 0

3 years ago

Resale price maintenance occurs when: a. the manufacturer suggested retail price. b. minimum prices are enforced. c. consignment

Gemiola [76]

Answer:

b. minimum prices are enforced

Explanation:

The manufacturer of certain products deals with their distributors by exploiting the market failures to negotiate ceiling and minimum prices with the threat of not purchase if the agreement is not validated.

This is done to prevent competition between reseller for the price. This makes the reseller profitable and therefore, the manufactured as well.

6 0

3 years ago

Anne Mullens is the bookkeeper for DWG Refrigeration Repair. One afternoon while she was preparing the bank deposit, a customer

vesna_86 [32]

Answer:

Anne Mullens committed embezzlement.

Explanation:

Embezzlement is defined as misappropriation of funds by someone with whom funds have been entrusted.

It is a theft as the money does not belong to the perpetrator. The perpetrator is only entrusted with funds.

One of the conditions for embezzlement is an existence of a fiduciary (trust) relationship between parties.

In the given case, Anne Mullens pocketed $57 cash from recorded amount instead of recording 57$ customer's payment via check. Instead she included the customer's check in the money to be taken to bank.

This is embezzlement of funds by Anne.

7 0

3 years ago

Raven Company has a target of earning $71,200 pre-tax income. The contribution margin ratio is 16%. What amount of dollar sales

Jlenok [28]

Answer:

$685,000

Explanation:

First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:

contribution margin ratio=contibution margin/sales revenue

contribution margin ratio=16%

contribution margin required=pretax income+fixed costs

contribution margin required=$71,200+$38,400=$109,600

16%=$109,600/sales revenue

16%*sales revenue=$109,600

sales revenue=$109,600/16%

sales revenue=$685,000

6 0

3 years ago

All Seasons, Inc. ordered $5,000 worth of Christmas decorations from Santa, Inc. The shipment of decorations was to arrive no la

Leya [2.2K]

Answer:

C. Compensatory damages and consequential damages.

Explanation:

The reason is that the company can only sue Santa for its compensatory damage of paying 15% extra and consequential damages which are only claimable if the party to contract knows that not performing the contract will contribute to consequential damages which are here losses of sales which amount to 25% of sales.

5 0

4 years ago

Read 2 more answers