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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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The owner of a small business borrowed $70,000 with an agreement to repay the loan with quarterly payments over a five year time

siniylev [52]

Answer:

His loan payment each quarter is nearest to $4,705.10.

Explanation:

Using a Financial Calculator enter the following data and find PMT, the loan payment each quarter

Pv = $70,000

n = 4 × 5 = 20

r = 12%

P/yr = 4

Fv = $0

Pmt = ? - $4,705.10

Thus PMT, the loan payment each quarter will be $4,705.10.

8 0

3 years ago

A company is considering building a new factory, which department is most likely going to be in charge of evaluating options to

mamaluj [8]

Answer:

Explanation:

Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.

For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.

Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.

5 0

3 years ago

Determining Net Cash Flow from Operating Activities: Burch Company reported the following items in its balance sheet and income

Tanya [424]

Answer:

$9,000

Explanation:

The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.

The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.

The net cash flows from operating activities using the indirect method

= -5000 - 20,000 + 10,000 + 25,000 - 1,000 (all amounts in $)

= $9,000

This represents a net inflow.

3 0

3 years ago

The Grapefruit Computer Company currently produces its desired level of output. Its marginal product of labor is 10, its margina

anastassius [24]

Answer: d. employ less capital and more labor.

Explanation: Given the marginal product of labor equals 10 and a marginal product of capital equals 50, since the marginal product of capital is now considerably larger than that of labor, increasing labor should be prioritized at this point, because due to the marginal returns on capital may soon start to diminish especially with the high capital rate. And also, high capital rate of $100, which is considerably higher than the labor wage rate of $20, the firm should employ less capital and focus more on labor

6 0

3 years ago

Consider the following data set:

Andrei [34K]

Answer:

Kindly check explanation

Explanation:

To obtain the mean absolute deviation(MAD) :

Subtract the forecasted values from the actual values and find its absolute equivalent.

Error (E) = (Actual - forecast)

e1 - - - |e1| - - - - e2 - - - |e2| - APE1 - - APE2

6 - - - - 6 - - - - - 8 - - - - 8 - - 0.772 - - - 1.030

4 - - - - 4 - - - - - 2 - - - - 2 - - 0.507 - - 0.253

4 - - - - 4 - - - - - 2 - - - - 2 - - 0.504 - - 0.252

(-4) - - - 4 - - - - - (-18) - - 18 - 0.513 - - 2.308

(-2) - - - 2 - - - - (-6) - - - 6 - - 0.260 - - 0.781

11 - - - - 11 - - - - 9 - - - - 9 - - 1.412 - - - 1.155

(-1) - - - 1 - - - - - 1 - - - - 1 - - - 0.132 - - 0.132

14 - - - 14 - - - - 10 - - - 10 - - 1.783 - - 1.274

2 - - - - 2 - - - - (-2) - - 2 - - - 0.254 - - 0.254

3 - - - - 3 - - - - - 3 - - - 3 - - 0.379 - - - 0.379

MAD for forecast 1:

(Sum of |e1|) / number of observation

(6 + 4 + 4 + 4 + 2 + 11 + 1 + 14 + 2 + 3) / 10

= 51 / 10

= 5.1

MAD for forecast 2:

(Sum of |e2|) / number of observation

(8 + 2 + 2 + 18 + 6 + 9 + 1 + 10 + 2 + 3) / 10

61 / 10

= 6.1

MAPE = (Sum of absolute percentage error) / number of observations

Forecast 1:

(0.772 + 0.507 + 0.504 + 0.513 + 0.260 + 1.412 + 0.132 + 1.783 + 0.254 + 0.379)% / 10

= 6.516% / 10 = 0.6516%

MAPE Forecast 2:

(1.030 + 0.253 + 0.252 + 2.308 + 0.781 + 1.155 + 0.132 + 1.274 + 0.254 + 0.379)% / 10

= 7.818% / 10

= 0.7818%

4 0

4 years ago