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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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Samuel owns a bond with a par value of $5,000 and a coupon rate of 5 percent. he will receive _____ in annual interest until the
tester [92]
Given:
Par value of the bond : 5,000
coupon rate of the bond: 5%

par value x coupon rate = annual interest

5,000 x 5% = 250 annual interest

Samuel will receive an annual interest of $250 until the bond reaches maturity, or he sells the bond to someone else.

Regardless of the changes in bond prices in the market, Samuel will always receive a fixed annual interest of 250 from his bond.


4 0
4 years ago
A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches
erik [133]

Answer:

b. The cable commercial

Explanation:

CPM or cost per mille is a measure used in advertising to determine how effectively a promotional message is getting to its audience. It is the cost of getting an advert in front of 1,000 people.

In this scenario when we calculate CPM for the radio station

$600 = 10,250 listeners

x= 1,000 listeners

Cross multiply

x= (600 * 1,000) ÷ 10,250 = $58.54

For the local cable commercial

$1000 = 18,500 viewers

y = 1,000 viewers

Cross multiply

y= (1,000 * 1,000) ÷ 18,500= $54.05

6 0
3 years ago
A market situation where a small number of sellers compose the entire industry is called
Nadusha1986 [10]

Answer:

The correct answer is: oligopoly.

Explanation:

A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.  

Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.  

There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.

4 0
3 years ago
Assume that Guardian Company uses a periodic inventory system and has these account balances: Purchases $500,000; Purchase Retur
romanna [79]

Answer:

Net purchases:

= Purchases - Purchase Returns and Allowances - Purchase Discount

= 500,000 - 14,000 - 9,000

= $477,000

Cost of goods sold:

= Net purchase + Freight-in

= 477,000 + 15,000

= $492,000

3 0
3 years ago
Analyze the various methods available for avoiding overdrafts. Based on how you might use you account most often, decide which w
soldi70 [24.7K]

Overdrafts are given by banks only to trustworthy clients. if the bank balance is maintained clearly. To avoid overdrafts there should always be a sufficient amount of balance and avoid using cheques on situations as such.avoid ATM cards as well

4 0
3 years ago
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