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Lerok [7]
3 years ago
8

Sales and excise taxes are levied on retailers, but retailers add these taxes to the prices of their products. this illustrates

the:
Business
1 answer:
coldgirl [10]3 years ago
4 0
<span>Sales and excise taxes are levied on retailers, but retailers add these taxes to the prices of their products. This illustrates the shifting of taxes to consumers. 

Retailers build in these taxes in the final product purchase amount so that they aren't eating the cost. By putting them on the customer, they are saving themselves money that they would have to pay if they couldn't build the price in. Sales tax on items is determined by the state and county someone lives in. 
</span>
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These are financial protections that were created to ensure that certain types of facilities (that is, cancer hospitals and chil
Hunter-Best [27]

Answer:

Hold harmless.

Explanation:

It defines hold harmless as follows: To absolve (another party) from any responsibility for damage or other liability arising from the transaction.

6 0
3 years ago
What are some of the advantages and disadvantages of buying a home compared to renting.
nignag [31]

well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard

5 0
3 years ago
On January 1, 2020, Levy Company issues 100 x 5% bonds with a face value of $1500, The bonds mature on December 31, 2030 and pay
JulsSmile [24]

Answer:

$150,000

Explanation:

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Using this formula

Cash raised for Levy Company = Number of Bonds * Face value of the Bond

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8 0
3 years ago
Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but h
SCORPION-xisa [38]

Answer: Planning reduces creativity

Explanation:

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7 0
3 years ago
Discount Travel has the following current assets: cash, $102 million; receivables, $94 million; inventory, $182 million; and oth
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Answer:

The current ratio is 2.98

Explanation:

total current assets = cash + receivables + inventory + other current assets

                                = $102 million + 94 million + 182 million + 18 million

                                = $396 million

total current liabilities = accounts payable + current portion of long term debt

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current ratio = current assets/current liabilities

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                     = 2.98

Therefore, The current ratio is 2.98

6 0
3 years ago
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