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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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In a fractional reserve banking system: Group of answer choices banks create money by printing it. banks create money by making
r-ruslan [8.4K]

Answer:

the size of M1 can only be a fraction of checkable deposits.

Explanation:

fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.

M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.

3 0
3 years ago
The statement reflecting changes in permanently restricted, temporarily restricted and unrestricted net assets for a private sec
ki77a [65]

Answer:

Statement of Net Assets or statement of financial position.

Explanation:

Statement of net assets shows the permanently restricted, temporarily restricted, and unrestricted funds. This is represented into he equity section.

A template for the creation of statement of financial position is provided by the IRS form 990.

Unrestricted assets are donations to the organisation that can be used for general expenses.

Temporarily restricted assets are set aside for a particular project by donors

Permanently restricted assets are those that are invested in perpetuity, and the revenue earned is used for a specific purpose.

3 0
3 years ago
Which of the following falls outside of the classification of business expenditures that fall into the category of variable cost
yuradex [85]

The option that falls outside of the classification of business expenditures that fall into the category of variable costs is option C. costs of research and development. Read below about costs of research and development.

<h3>What is a costs of research and development?</h3>

These are costs taken to develop new products or processes that may or may not result in commercially viable items. The general rule is that research and development costs are to be expensed immediately when the costs are incurred.

Therefore, the correct answer is as given above.

learn more about costs of research and development: brainly.com/question/18685415

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4 0
1 year ago
A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied;
GarryVolchara [31]
...... conversely, especially good weather would shift the SUPPLY CURVE TO THE RIGHT. Supply curve shifting to the right means that productivity is increased. An increase in agricultural productivity will leads to increase in supply of agricultural products which in turn will results in decrease in price for the products. 
3 0
3 years ago
Gina is working as a marketing trainee for a streaming video company. Her boss called a meeting for next week with one thing on
SCORPION-xisa [38]

Answer:

"C"

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A customer - driven environment is an organisation where customer needs are identified and all efforts are in place to ensure that these needs are met to the maximum satisfaction of the customer.

Quality and pricing are key components of this system as a customer will be attracted if he is sure of the quality of a need at a reasonable price. It does not mean it should be the cheapest and lack quality.

It has been proven to be a good way of gaining competitive edge over rivals in business.

8 0
3 years ago
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