Answer:
C. To obtain revenue for the U.S. government
Explanation:
A tax applied to imports is a source of revenue for the importing government. When purchases are from outside the country, the importers pay the government some money as import tariffs. This amount of money is revenue to the government.
Import tariffs usually protect local production from unfair competition by cheap imports. In this case, the US does not grow bananas. The tax on bananas must be a source of revenue.
Answer:
$ 661,000
Explanation:
Solution
Given that:
Since the lease meets none of the capital lease categorization criteria ,The lease is an called a lease that is operating and the asset will stay in books of lessor
Lease revenue $1524000
less:
Maintenance $123000
Depreciation $740000 $863000
Income before taxes $661000
Therefore, The amount of expense incurred by Riggs from this lease for the year ended December 31, 2021 is $ 661,000
Answer: False
Explanation:
Indirect costs are costs that are not linked directly to a cost object Administration and security costs are indirect cost as they These are are not related directly to production.
Examples of indirect costs are rent, overhead costs, employees salaries, utilities and general office expenses.
The cost associated with moving the workers is a direct cost because the workers are directly involved in the production process.
Answer: B. 1023, 1500, 2000}
Explanation:
The Optimal solution should contain the set of quantities that would require the lowest no. of orders to achieve a discount in a class.
1,023 is quite close to the lowest amount required of 1,000 in the 1,000 to 1,499 range.
So are 1,500 and 2,000.
Option D can also work but it has too many order quantities and will inflate the price.
The Optimal Solution therefore has to be from this option.
Answer:
corporation income is also subject to what is called “double taxation,” when the income of the business is distributed to the owners in the form of dividends, because dividends are taxable.
