Answer: When there is a monopoly or fraud
Explanation:
An antitrust suit is described as when an individual or an organization files a lawsuit against an organization based on the kind of business practices it carries out. When the government recognises a business bringing up unfavorable means that could lead to monopoly the government could regulate the monopoly by carrying out a price capping, to ensure prices are not exaggerated for consumers more than they can afford. The government could further initiate an antitrust suit against the company for their actions.
Answer:
Red Oak 3,136
Cyril Inc 1,470
Total net revenue 4,606
Explanation:
Red Oak
4,000 - 20% trade-in allowance = 3,200
if payment within discount period: 3,200 x 2% = 64
3,200 - 64 = 3,136 for Red Oak
Cyril Inc
1,500 not qualificable for allowance
payment within discount period
1,500 x 2% = 30
1,500 - 30 = 1,470 for Cyril Inc
Answer:
Enercio would be taxed on $32,000 even though he withdrew $10,000.
Explanation:
Enercio would be taxed on his share of 40% of $80,000 of ordinary taxable income of ABC LLC irrespective of the fact how much has Enercio has withdrawn from the partnership firm. So, here Enercio would be taxed on $32,000 even though he withdrew $10,000.
Answer:
is as request to access data from as database to manipulate it or retrieve it
Answer:
The burden of tax will be more on employees, tax reduction will be less for employees than employers.
Explanation:
Tax burden is more on buyers , if the demand is relatively more inelastic ; and tax burden is more on sellers, if the supply is relatively more inelastic.
If federal government reduces social security tax (from 12.4% to 6.2%) :
Since supply of labour is more inelastic, the burden of tax would be more on labour suppliers i.e employees. So ; a total tax reduction 6.2% is likely to reduce tax burden borne by labour demanders i.e employers, more than reduction in tax burden borne by labour suppliers i.e employees (as the labour supply is more inelastic).
