1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stich3 [128]
3 years ago
12

What are three common types of federal taxes?

Business
1 answer:
anastassius [24]3 years ago
5 0

three common types of federal taxes are :

1. income tax

2. Property tax

3.Sales tax

You might be interested in
John wishes to set up an account for his grandfather so that he can have some extra money each month. John wants his grandfather
jeka94

Answer:

John must invest $3719.4

Explanation:

It is given that John grandfather withdraws $120 per month for 3 year

So total month = 12 ×3 =36 months

Total amount withdrawn S = 36×120 = 4320

m = 12 times per year

Rate of interest i = 5 % = 0.05

We know that S=P(1+\frac{i}{m})^{mt}

4320=P(1+\frac{0.05}{12})^{36}

4320=P\times 1.1614

P = $3719.41

So john must invest $3719.4

6 0
3 years ago
I get $200 revenue from the sale of my product each day. I rent the factory that I use for $90 a day. The raw materials of the o
igor_vitrenko [27]

Answer:

Accounting loss of $5

Economic loss of $35

Explanation:

Accounting profit is the net of revenue and Explicit cost. Explicit costs are the cost which actually incurred or paid.

On the other hand the economic profit is the net of revenue, Explicit and Implicit costs. Implicit value is the opportunity costs of choosing the alternative.

Implicit cost = $30

Explicit cost = 90 + 115 = $205

Accounting Profit = Revenue - Explicit costs = $200 - $205 = ($5)

Economic Profit = Revenue - Explicit cost - Implicit cost = $200 - $205 - $30

Economic Profit = ($35)

7 0
3 years ago
Which 2 statements regarding Bank Feed best practice workflows are correct?
iogann1982 [59]

Answer: • You should complete Match transactions first, then move on to Add transactions.

• You should match downloaded Bank Feed transactions to Invoice Payments, Sales Receipts, Deposits, or open invoices.

Explanation:

The statements regarding Bank Feed best practice workflows involves the matching of transaction first, after which the transactions can then be added.

Also, one should ensure that the Bank Feed transactions that are downloaded should be matched to to their respective book of account such as deposits, Invoice, Sales Receipts, etc.

8 0
2 years ago
Safety stock is inventory held to guard against uncertainty. True or False
eimsori [14]

Answer: True

Explanation:

Safety stock is a particular level of inventory set by the inventory/store manager that the inventory must not go below in order to help the company never to run out of products in their inventory. The aim of safety stock is to ensure that a company's inventory would never be empty and also so that any given point buyers can always purchase products from the company

3 0
3 years ago
Read 2 more answers
Given the following information, compute the property tax rate for the community in percentage terms. Total budget expenditures:
tangare [24]

Answer:

B) 4.0%

Explanation:

to calculate the property tax rate we can use the following formula:

property tax rate = (total budget - non property tax income) / (total asses value of properties - total exemptions)

property tax rate = ($108 - $50) / ($2,000 - $550) = $58 / $1,550 = 0.037 ≈ 4%

6 0
3 years ago
Other questions:
  • When a retailer or car dealer says "we will meet or beat the competitor's prices', it refers to
    5·1 answer
  • How does the rotating membership of the FOMC work
    15·2 answers
  • What is leadership management
    15·1 answer
  • 2. An organization's products and services are the driving force in accomplishing
    11·2 answers
  • The Besnier Company had $250 million of sales last year, and it had $75 million of fixed assets that were being operated at 80%
    6·1 answer
  • If a firm has a cash cycle of 30 days and an operating cycle of 64 days, what is its average payment period
    9·1 answer
  • Lauren could tell something was not right. She has always thought that sales representatives were always pleasant to the custome
    10·1 answer
  • What is a safe username?
    6·2 answers
  • Current projections indicate that by the year 2030, there will be ______ tax-paying workers for every retiree collecting Social
    13·1 answer
  • The following data values represent the daily amount spent by a family during a summer vacation. find the sample standard deviat
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!