Answer:
The correct answer is option ii.
Explanation:
In the case of imposition of tax on a good, the suppliers will bear the greater share of burden if the demand is more elastic than the supply.
The imposition of tax leads to an increase in the price of the product. If the demand is more elastic, the quantity demanded will decrease to a greater extent with the increase in price.
The supply being less elastic will change to a smaller extent, thus a greater tax burden will be borne by the suppliers.
<span>An increase in the price of maple syrup will decrease both the equilibrium price and quantity in the market for pancakes. True
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Answer:
lose $2.000
Explanation:
with the 5000 you bought 2500 shares (5000/2)
Then the moment you decide to sell them your price drops.
2500 shares for $ 1.40 = $ 3500
which means a loss of = $ 1500
also, interest on the loan must be paid
$ 5000 10% = $ 500
Total loss of operations = 1500 + 500 = $ 2,000
According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.
This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.
Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.
Hence, in this case, it is concluded that the correct answer is "Financial Manager."
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Answer:
Since Karen is a minor, she can receive up to $950 in unearned income per year without paying taxes or having to file a tax return.
Since she receives a larger amount $2,500 - $950 = $1,550, she must pay taxes for the extra amount depending on which type of account her parents opened for her.
- Karen's parents probably opened a 529 Education Savings Plan, and if that is the case, she doesn't need to pay any federal taxes.
- If Karen's parents opened her a custodial account, then she will have to pay taxes for the $1,550 above the $950 threshold. Minors are responsible for filing their own taxes or their parents can file taxes for them. If either Karen or her parents pay taxes, they should pay = $1,550 x 10% = $155