Answer:
A) The liability must be paid
Explanation:
if the state or federal govermnet demand the payment of the liability then; the basis for taxation will bew a cash accounting not an accrual accounting.
The whole point of accrual accounting is to separate between the arise of an aobligation or the origin of a revneue from the payment or collection, respectively.
Answer:
many other sellers are offering a product that is essentially identical.
Explanation:
The credit card company will pay an amount totaling to approximately $82.45 to the department store after deducting its fees of 2.75% of the transaction amount.
For the information provided above, the computation of the amount to be charged by the credit card company as its fees to the department store for a purchase of $84.79 will be calculated as below,
Credit Card Fees = Transaction Amount – Fees
Credit Card Fees = 84.79-2.75%
Credit Card Fees = 84.79 -2.34
Credit Card Fees = 82.45
Therefore, the credit card company will pay $82.45 to the department store.
Learn more about credit card fees here:
brainly.com/question/29060023
#SPJ4
Answer:
Price increase is about 4.2%
Explanation:
Price Elasticity of Supply (PES) is a measure of the responsiveness of the quantity of a particular good/service supplied to a change in price.
The price elasticity of supply is mathematically the ratio of the percentage change in quantity supplied to the percentage change in price.
